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by methodical 819 days ago
Stocks are not completely nondeterministic games of chance, which is why most people who hold properly diversified stock portfolios have seen long-term growth instead of loss. That's probably why people don't call it gambling.
2 comments

Crypto is not a completely nondeterministic game of chance either. There are people in crypto who are consistently profitable.
Who in crypto is consistently profitable?
> Stocks are not completely nondeterministic games of chance

That's a bit of a straw man, as no one claimed they are. "Gambling" is often not a nondeterministic game of chance, either. For example, when I go to a casino and play poker, I'm still gambling, even though there's plenty of determinism and strategy to go along with the elements of chance.