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bluepizza | 1 year ago
Which is exactly what an amateur trader thinks - I will learn to beat the market, because Ray Dalio did.
I used the poker example precisely because of this parallel between a very small elite and an overwhelming majority of loss makers.
mancerayder|1 year ago
You're also right that it triggers the addiction itch in some vulnerable individuals!
I play poker and would never be stupid enough to put real money on it. It's great as a social game for me where 25 dollars is the risk.
Don't hate the game...
JumpCrisscross|1 year ago
This whole thread is casinos arguing against regulation because casual poker players don’t get addicted. We have billions of dollars targeting young people (mostly single young men) with gambling, from zero-day options trading to crypto and sports betting.