When a Gambler goes to Casino with $50K to gamble, he knows that due to bad luck he will lose all his $50K. The Gambler can live with the $50K losses. He knew it. It can happen!
But, when an Investor goes to Stock Market with $50K to invest, he will never expect that he will lose all his $50K. If the Investor ever lost $50K in the Stock Market, he may not be able to take it. He may be traumatic about his losses.
Gamblers know their losses while Investors are shocked by losses. See difference.
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