investing is just a fancy financial way of saying gambling. everyones trying to analyse the probability that a share prices goes up. its the same thing. "Investors" just don't like the stigma attached with the word gambling because they like to think they are doing something much more sophisticated.
definitions of gambling from Google
-play games of chance for money; bet.
-take risky action in the hope of a desired result.
definition of investing
-person or organization that puts money into financial schemes, property, etc. with the expectation of achieving a profit.
the expectation is the chance, it is the risk. were all gamblers here, every single one of us, you are, so is Warren Buffet. Risk is inherently tied to finance as it is sportsbetting or casinos.
nothing i hate more than the pretentious investors who see themselves above others who they deem as gamblers
CSL is a gamble, it can decline. the risk in CSL is much less than PNV, as is the potential reward.
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Last
$2.43 |
Change
-0.090(3.57%) |
Mkt cap ! $1.678B |
Open | High | Low | Value | Volume |
$2.49 | $2.50 | $2.43 | $2.311M | 940.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 17100 | $2.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.45 | 5973 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 17100 | 2.430 |
1 | 7842 | 2.420 |
6 | 104818 | 2.410 |
7 | 17322 | 2.400 |
3 | 12912 | 2.390 |
Price($) | Vol. | No. |
---|---|---|
2.450 | 5973 | 1 |
2.460 | 14493 | 3 |
2.470 | 9999 | 2 |
2.480 | 2157 | 1 |
2.490 | 2157 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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