Random Thoughts.....What Are You Thinking?

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Yes, there are varying degrees of control (investigation into a company before investing, folding a shitty hand in poker, etc) and risk. Perhaps you would go so far as to call these things "odds"?

I think lower tax benefits middle class/below middle class the most tbh. Canada's high tax actually hurt middle class and below the most. It makes it much harder to accumulate wealth and move up a tier in terms of social hierarchy for them. But it doesn't really hurt upper middle class with multiple real estate.

And high tax hurts purchasing power in economy..... except real estate(lol), that's what everyone try to buy after they have money in Canada and that makes middle class or below more poor.

The real underlying economic issue of Canada is far more complicated than just tax of course. Such as the lack of strong industry like tech or high end manufacturing that drive the economy growth, the highest GDP industry in Canada is real estate(lol), which is totally *** up.

Those are far more important issues than "DEI". Because the poor economy performance that Canadians are facing today is the fault of bad economic direction since 25 years ago. Arguing DEI is a waste of time.


I do? I supported game dev and investor creative freedom to insert their ideology of any kind in their art in that woke game thread, that's all. That counts as supporting DEI?

I am from a region that is far more conservative region than Canada in terms of social policy, on a level that isn't anywhere close. Our most "left wing"(if that even exist here) party are more right wing than conservative party in Canada.

Irl I see black people on street like once per year lol.

If you think I'd put DEI anywhere close to top 20 priority when it comes to voting or suggesting a policy you are wrong lol. Our politicians and supporters argue about how money should be used everyday, and which country to side with on international level. DEI is like the last thing we care.

Stock market is not always gambling though.

https://en.wikipedia.org/wiki/Gambling


Buying stock is like owning a company. And you are buying it because the company is currently at a good price that seems worth it to you. The "good price" is determined by various indicator like PE ratio, NAV ratio, and projected industry growth etc.

There are plenty of business analyze and strategic decisions involved in the process when you decide to own a portion of a company.

That being said, some people do buy stocks with a mindset of gambling. Not everyone though.

Your definition of gambling is wrong then. And I can state that with confidence since you sourced it from Wikipedia.

Unless you're suggesting that games like blackjack and poker arent considered gambling? Because theres definitely strategy involved in those games and other games that are definitely considered gambling.

Huh?


Chanti already said Poker mostly isn't gambling because it has strategy. I was simply saying in terms of strategy and decision making stock market isn't any less than poker. Which makes them both not gambling compare with pure luck based games like slot machines.

Also when it comes to random elements it doesn't have to be 0% or 100%. It can be 40% random 60% strategy for example. It's not black and white.

Idk that much about poker, but in stock market the influence of luck element is 50% at most. Black swan is bad luck, the market condition when you are in the market is luck based too. But minimize the impact of bad luck is part of stock market strategy already. Hence it's mostly not gambling.