Gambling, Speculating & Investing

Walter Matthau was known as a massive sports gambler, were he alive today, you’d wonder whether he’d still be dedicating his time gambling on horses and sports teams given today's obsession with cryptocurrencies and terrible stocks.

There has always been a debate about the overlap between gambling and investing. Investing has often been linked with gambling, usually unfairly by people who take a cursory glance and don’t understand the actual intermediary of investing and gambling is speculation.

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