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gambler
July 11, 2018

Gambling vs Investing and how words expose expectations.

Your language colors more than you think.

If you use $1 in hopes to turn it into $2, it’s an:
a) Investment if the odds are in your favor
b) Gamble if the odds are out of your favor

Consider the workaholic that works so much and makes so much money that he doesn’t have enough time left over to spend his money or time.

If the gamble worked out, he was “dedicated” / “passionate“, (eg. The company built got acquired and he retired at 30)
If the gamble didn’t work out, he was “obsessed” / “addicted.” (eg. There’s was no time left in the day to use the cash to exchange for anything)

The more based in reality your words can be, the easier is to see reality and make good decisions from there.

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