Is there a hard threshold? Do high risk investments such as penny stocks qualify as gambling? Do low risk investments? Annuities? Bonds? CDs?

This comment got me wondering.

Is it more to do with the venue? Stock markets and real estate vs casinos and the lottery?

Were the MIT Blackjack Team gambling or investing?

Or Jerry and Marge Selbee?

Is this just another semantic hotdogs are sandwiches discussion or is there an agreed threshold?

  • AbouBenAdhem@lemmy.worldEnglish
    41·
    11 days ago

    When

    • the expected return becomes negative, or
    • the risk/return ratio moves away from the efficient frontier with no other motivating factor.