Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Because most people cannot define the difference between investing and gambling.

Also the stock market is NOT 0-sum. A buyer and seller can both "win".



> Also the stock market is NOT 0-sum. A buyer and seller can both "win".

If you look the whole lifetime of the stock and all owners and their transactions, it is close to zero-sum. Company can get more wealth by selling which is the exception and your argument. But for average retail-trader it is zero-sum game.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: