Question: Both investors and gamblers take on risk. The difference between an investor and a gambler is that an investor is normally risk neutral knows he

 Both investors and gamblers take on risk. The difference between an

Both investors and gamblers take on risk. The difference between an investor and a gambler is that an investor is normally risk neutral knows he or she will not lose money requires a risk premium to take on the risk knows the outcomes at the beginning of the holding period

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