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Chapter 47: Tumultuous Events III (2)
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Chapter 48: Tumultuous Events IV (2)
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... 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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