What makes an investor different from a gambler is their frame of mind. The frame of mind of an investor believes in risk but calculated sensible risk where there’s the smallest chance of losing money. Investors are the opposite of gamblers. They specifically study this and gamblers don’t do this type of study in the same way. Investors learn the structures and ways of an investment first to lower the risk to a minimum while searching out the highest profit return. This takes a detailed mined person of which gamblers in general aren’t. With racing you must be watchful for everything that’ll make an extra dollar from a non-gambling view-point.
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