Difference Between a Risk and a Gamble | Leadership… “The great German general Erwin Rommel once made a distinction between a gamble and a risk.Some detractors talked down the leadership that Obama executed when giving the go ahead for the Bin Laden mission, but that sort of risk taking decision making is exactly the heart of the job. People often compare stocks to gambling, but how close are… Investing and gambling both involve risk and choice. Interestingly, both the gambler and the investor must decide how much money they want to risk.This is a key difference between investing and gambling. Stock investors and traders have a variety of options to prevent total loss of risked capital. Risk Taking, Gambling, and Managerial Conceit
Is gambling the same as risk-taking? — Better Futures For Gamblers
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Blog Post - Gambling vs. Risk Taking - gty.org
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Gambling and Taking a Risk - Do You Know the Difference? There is a big difference between taking a risk and gambling. Many people are not able to distinguish a significant difference between the two. Are You a Risk Taker? | Psychology Today
Can you explain the difference between gambling and investing?Briefly let me say that there are some similarities, and there are people who get addicted to high risk investing just like gambling.Gambling takes money out of the capital economy. It doesn’t contribute to job creation, etc.
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