I think the article also conflates the concepts of "investment" and "gambling". | Hacker News

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		JohnFen 5 months ago \| parent \| context \| favorite \| on: Losing Money Is the Point I think the article also conflates the concepts of "investment" and "gambling".

toomuchtodo 5 months ago [–]

Speculation is gambling masquerading as investing.

magic_hamster 5 months ago | [–]

I think gambling purely on luck (i.e. playing the roulette) is not exactly the same as speculation, and speculation may become less risky the more information you have.

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