Jorgen Vik: Prediction markets and same-day options aren’t investing. They’re gambling.

In a sharply worded opinion, Jorgen Vik contends that prediction markets and same-day options should be treated as high-stakes gambles, not genuine investments. He urges readers who seek the thrill of quick gains to recognize the risks and acknowledge they are essentially placing bets rather than building portfolios.

Jorgen Vik: Prediction markets and same-day options aren’t investing. They’re gambling.