Good investing reading Are you an investor or a speculator? – WSJ Jason Zweig, Wall Street Journal has a two-part article that delves into the question of whether one is an investor or a speculator. I had earlier written about the Investor or Speculator question by Benjamin Graham. Jason Zweig writes well and goes […]
Are you an investor or a speculator – Benjamin Graham
Investment operation and speculation Benjamin Graham one of the gurus of investing famously said: “An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative.” Many of us say we “invest” in the stock market. Or we have “invested” in a NCD […]