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Blog-2022 | Cambridge Endowment for Research in Finance (CERF)
https://www.cerf.cam.ac.uk/blog/blog-202228 Jun 2024: Gambling, or in another word risk-taking, certainly made a difference – it saved the owners and avoided bankruptcy costs with some probability. ... Gambling for ripoff, which means taking a very big risk, benefiting the owners at the expense of the
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