Post
Topic
Board Speculation
Re: I am about to do something massivley stupid
by
Spaceman_Spiff
on 09/03/2013, 01:51:31 UTC
For people who do their homework, it is never a gamble.

How about  'the butterfly effect' and 'chaos theory' ?  No matter how prepared you are, you are never 100% sure.

That kind of questions makes me think that most people here are just high schoolers.
For you guys making any kind of investment is a gamble.

Why do I think you are a high schooler? You could have said, "how about risk and uncertainty", but no, you have to jump all the way to terms that are way out of topic, but common to find in youtube.

Haha, did you do your homework on predicting I am a highschooler  Wink ?  You would have lost some money on that gamble.... I am definitely not, just tried to put a little bit of variety in my wording .  
When you say: if you do your homework, it is never a gamble, I read that as you saying there is no risk, while in truth 1) there is always risk and 2)most investment decisions are much like a poker game.  The best players/predictors will (probably) gain, those that are worse (or happily hold their fiat and don't realize they are playing) lose value.  (If we get a bit more into it, ok not all investing is a zero-sum game as it will have an effect on the economy, but you get the gist of what I am saying).