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Investing vs Speculation vs Gambling
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#1 Posted : Sunday, September 15, 2013 6:57:09 PM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
mwekez@ji
#2 Posted : Monday, September 16, 2013 12:46:45 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121


Interesting read ;-)
maina20
#3 Posted : Monday, September 16, 2013 11:30:54 AM
Rank: Member


Joined: 7/21/2010
Posts: 249
Location: nairobi
mwekez@ji wrote:


Interesting read ;-)

smile smile
..desire to succeed is always fighting with fear of failure..
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#4 Posted : Monday, September 16, 2013 12:13:19 PM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
Quote:

Favorable bets will be called investing
Unfavorable bets constitutes gambling


Laughing out loudly

Quote:

Uncertainty can describe risk that can be exactly measured
Risk is an uncertainty only when it can be exactly measured


I still don't understand this.
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