Many Happy Returns cover image

Investing vs. Gambling: How to Tell the Difference

Many Happy Returns

00:00

Mean Return vs Personal Median Outcome

They debate whether a high mean return (hypothetical huge prizes) would justify buying such lottery investments personally.

Play episode from 14:34
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app