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Dennis_Churaev [7]
3 years ago
14

How is speculation and buying stocks on margin similar to gambling?

History
1 answer:
timofeeve [1]3 years ago
4 0
Speculation and gambling are two different actions used to increase wealth under conditions of risk or uncertainty. Gambling refers to wagering money in an event that has an uncertain outcome in hopes of winning more money, whereas speculation involves taking a calculated risk in an uncertain outcome.
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