Question

It is Important to understand the concept of

A zero sum bet in regards to is investing in stocks is like gambling. What dose that mean? How does it relate to the stock market and gambling?

Answer 1

It refers to the stock market investing as gambling,

To understand this statement it is backed by the zero-sum bet or zero-sum game.

zero-sum games suggest a game in game theory or economic theory where each participant gains or loses utility in balanced to loss or gain of other participants,

it relates to the stock market by its general functioning, in the stock market a loss of money of one is compensated as the profit of other, its a win-loss situation hence this zero-sum bet closely resembles the stock market to gambeling