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Life is one big slot machine
(lemmy.nz)
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this post was submitted on 29 Oct 2026
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gambling has negative expected value, the house always wins in the long run.
the stock market has pretty much always trended up over time so if you just buy a bunch of stuff and wait a while you will pretty much always win. (you can still gamble with stocks, it's just that stocks are fundamentally different and you can also not gamble)
yes, however it is at least theoretically possible for those with a controlling stake in enough companies to manipulate the entire market in a way that makes that strategy lose