PREVIEW

... vesting and gambling lies in the significance attributed to probability, often referred to as luck,' and its counterpart, evidence.'

Investing in the unknown required a precise criterion for predicting the future; in which, the proportion of evidence' must surpass a certain threshold.

On the other hand, betting on something based solely on vague luck couldnt be deemed an investment; itd merely be a gamble at best. Acting on weak grounds also didnt qualify as an investmentit was a ...

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