Thinking of investing in terms of gambling is seldom especially helpful. After all, there ought to be a marked difference between seeking to build a secure financial future and having a flutter on the 16.35 at Kempton Park.
Nonetheless, a few parallels are worth acknowledging. For example, particularly in a market environment characterised by uncertainty and rapid change, investors could find it useful to “spread their bets”.
We can view this approach through the prism of roulette. Someone who dreams of winning big might shovel all their chips on to one number, whereas someone who wants a greater chance of winning might back several numbers or even simply plump for red or black.
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