Forum Archive Index - March 2004

["J Insley" <jinsley@xtra.co.nz>]

Snoopy.

>look at the size of
>the pie you are investing in.    If it is decreasing you are gambling.  If
it
>remains the same size you are speculating.   If the pie is growing you
>are investing.

That reads to me like:  If I am losing I am gambling,but if I am winning
then I will call it 'investing'.

Also,with gambling the 'pot' doesn't necessarily get smaller,as in gambling
between friends.  But there is a price all the same.   If you win you run
out of friends.

>From what you have said,traders are gamblers.How come you have avoided
Woody's wrath?

Cheers,Jim


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