While there is a distinction between gambling and investing, you absolutely can gamble in the stock market. The sports gambling, it's not covered on the CFA. You're also including signing bonuses and stuff. Card on the table. So you might have an advantage over other other folks in terms of determining odds.
A survey from Lending Tree found that a majority of Americans thought investing was just as risky as gambling. And sure, the stock market can be a casino, but it doesn’t have to be. Anand Chokkavelu and Ricky Mulvey discuss:
- The lines between gambling and investing, and when they get blurry. - Games that Wall Street traders play. - Positive sum, negative sum games, and how to know the difference. - How Uncle Sam helps investors more than gamblers. Host: Ricky Mulvey Guest: Anand Chokkavelu Engineer: Dan Boyd
Learn more about your ad choices. Visit megaphone.fm/adchoices