Then aren't most forms of investment based on a "gambler's argument"?
A risky investment is obviously akin to gambling, but to get things built and make a profit you have no other choice.
A risky investment is obviously akin to gambling, but to get things built and make a profit you have no other choice.
Are you now equating an investor with some guy in a casino? Sorry, but that seems like a stretch.
I'm saying the risk aspect is similar, but I take issue with equating (product) investment and gambling, since one has a potential to create, and the other just shifts money around.