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Joined 11 months ago
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Cake day: August 5th, 2023

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  • First: The guy in the middle has a lot more hair and tears than I do.

    Second: Did you read the second part, where I explained there are no new stories anyway?

    Third: That seems like a lot of work for no actual counter argument.

    Fourth: Maybe I’m wrong the last part, since I don’t actually understand what point your trying to make anyway.
    Is it that I’m the one of normal average intelligence?
    Or is it that we can’t tell the difference between the very smart and the very stupid?









  • That’s what I mean by using different definitions.
    I don’t use the terms gamble or investment exclusively as an evaluation or indication of risk; More as a term of intent.

    While I might not call a four week t-bill a gamble, I certainly wouldn’t call it an investment at all.
    I’d be more inclined to call a savings account an investment; as a savings account can be used for more long term financial planing of one’s future.


  • Yes. I’d call that an investment in crypto. A risky investment is still an investment.

    Maybe we just define the terms invest and gamble differently.

    I would say investment is giving your money / time / energy into something with the expectation / belief / hope that eventually in the long run, that thing will become what you want.

    Gambling on the other hand, is putting money / time / energy into something with the expectation / belief / hope that it will eminently get you something you want.

    Either could be high or low risk. They may not pay money out at all.
    You make an investment in teaching your kids to drive, so they will be more independent and capable in the future.
    You make a gamble on teaching your kids to drive, that they won’t get them selves into a wreck tomorrow.

    Gamble = Short term
    Investment = Long term