Is playing the stock market as addictive as betting on horses?
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- Videojug
- 24:17
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- 900kbps
Is playing the stock market as addictive as betting on horses?
Marc Kern (Addiction Expert, Director of Addiction Alternatives) gives expert video advice on: How big of a problem is gambling addiction?; What causes addictive gambling?; When addicted gamblers are losing, do they actually believe they'll win? and more...
Some gambling occurs at the local liquor store or Seven-Eleven, like the little scratches. Have you ever seen anybody standing at the counter, scribbling off? For a few fleeting moments there's excitement, exhilaration, hope, and optimism. It's not that far from somebody who is investing high numbers on a risky investment, or someone who is in Las Vegas, or someone sitting at a poker table every Saturday night. There's that physiological excitement and optimism and hope that draws the individual into it over and over and over again. Some people have a stronger leaning; some people have had some substantial positive experiences, and they go back because it feels good; because there's hope and there's optimism versus going home to maybe an empty household where's there's no love or no warm feelings.