On average, the gain in value from speculation is less than the loss in value.

Name: On average, the gain in value from speculation is less than the loss in value.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Speculation involves taking risks in the hope of making a profit. While there may be instances where speculators gain more than they lose, the average outcome is that the loss in value exceeds the gain in value. This is because speculation often involves uncertainty and volatility in the market, which can lead to significant losses.

On Average, the Gain in Value from Speculation Is Less