Gamblers often have various reasons for continuing to gamble, but very few of them EXPECT their next hand to be a royal flush. For most of them it is exactly the case that 'if I keep going, eventually I will get a big win that offsets my losses'.
That I suppose is a type of taking risk, but I think OP was not being quite as blunt.
In a situation where you have 10 companies each with a 1/10 chance of 20x growth (and a possibility for better) or 1000 companies, each with 1/1000 chance of 5000x growth, which would you pick?
While theoretically, the two situations are similar, and given an infinite amount of money and investment opportunities, the second situation pays off better, the first is more likely to yield returns in the real world. Most people would probably call the first one 'taking risk' and the second 'gambling'.
Gamblers often have various reasons for continuing to gamble, but very few of them EXPECT their next hand to be a royal flush. For most of them it is exactly the case that 'if I keep going, eventually I will get a big win that offsets my losses'.
That I suppose is a type of taking risk, but I think OP was not being quite as blunt.
In a situation where you have 10 companies each with a 1/10 chance of 20x growth (and a possibility for better) or 1000 companies, each with 1/1000 chance of 5000x growth, which would you pick?
While theoretically, the two situations are similar, and given an infinite amount of money and investment opportunities, the second situation pays off better, the first is more likely to yield returns in the real world. Most people would probably call the first one 'taking risk' and the second 'gambling'.