Not the same thing. Stocks are trading in known commodities.
In this case, you have two politicians who are well known.
The bets people put on them reflects what they think will happen in the future.
Usually its solid but now its volatile. A lesson the markets aren’t always right.
>> Stocks are trading in known commodities.
In this case, you have two politicians who are well known. The bets people put on them reflects what they think will happen in the future.
OK, so if I put $100 on the Cowboys against the Giants Sunday, the I’m *investing* in the Cowboys?
** The two teams are well known
** I’ll throw in something you *didn’t* mention: the outcome of the game is not purely chance, like a roulette wheel spin, but based to some degree upon an assessment of he relative “worth” of the two teams
** The bet (sorry, *investment*) I’m putting on the Cowboys reflects what I think will happen in the future
If betting on (sorry, *investing in*) the Cowboys through my bookie is in any way different than betting on Romney or Obama, then please explain exactly how they are different.