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Old 01-02-2018, 02:37 PM   #23
Jeff P
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Join Date: Dec 2001
Location: JCapper Platinum: Kind of like Deep Blue... but for horses.
Posts: 5,284
Quote:
Originally Posted by AndyC View Post
It might look like an investment now but it looked more like a "bet" back in 2011. Now it looks like a casino where a player needs to step up from the $5 table to the $10,000 table. There are a lot of rich fools in the world along with a lot of broke geniuses.
That raises a really interesting fundamental question... at least a question that's really interesting to me:

What's the difference between an "investment" and a "bet?"

(Is there really a difference?)




-jp

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