Graham

Are you an investor or a speculator?

Mar
05

Often when the market is discussed, most people, as well as the media, describe all market participants as "investors".  This is a very loose term to describe those putting their funds into the financial markets.

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Even when the underlying motive of purchase...

Feb
21

"Even when the underlying motive of purchase [of common stocks] is mere speculative greed, human nature desires to conceal this unlovely impulse behind a screen of apparent logic and good sense."

- Benjamin Graham and David Dodd, 1940

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