Thursday, June 2, 2011

SOS Gambling vs Speculation

DON'T GAMBLE if possible.

Stock market = day trader = speculators = investors = hot money = insider trading = GAMBLING

Commodities Market = day trader = speculator = hedge fund players = hot money = manipulators = GAMBLING

Casino = GAMBLING

Property market = owners = investors = speculators = GAMBLING

Horse race = GAMBLING

Business market = genuine businessman = risk taking businessman = GAMBLING

Derivatives Market = hedging = risk management = GAMBLING

Investment bank = trading = GAMBLING

Currency trading = GAMBLING

Goldman Sachs = innovative CDS, MBS = high frequency trading = GAMBLING

MyView

It is hard to discern between genuine from fake in all aspect of lives. Human race today is more complicated than 100 years ago. More needs, more desires, more attachment, more temptations, more disruptions, more comfort and more of everything. A lot of area in live fall between the thin line of investing /speculation/ manipulation to GAMBLING.

GAMBLING become the second nature of human race. In financial perspective, they call it risk management, hiding behind all sort of legal means.

I suppose one cannot entirely eliminate GAMBLING from our lives but one should not be attach with GAMBLING.

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