Crude oil is not an investment.Crude oil doesn't have cash flow, but it's a pretty good investment anyway.
Maybe some investments have hidden uses that can't be replaced.
Maybe food too?
Had to go back to the book but I agree with the definition.I think the definitions came from the book “The Intelligent Investor,” made famous by Warren Buffett. Everyone in the investment community agreed on the delineation between speculation and investing based on those definitions in the book.
I remember Carl Icahn being asked about cryptos several years ago.
He apologized and said he doesn't understand them.
What a foggy old dope.
Yeah right.
Crypro Investment CourseFund Your Retirement
Now marked down from $85 to $10.
What is that?
Don't we already have Consumer Financial Protection Bureau.
Does anybody do any work there?
Or they all just smile pretty.
I'd say let em speculators create all sorts of bubbles and then, when the music stops, investor takes an advantage of it all.I’d say these days it’s better to be a speculator than an investor because speculators dominate the stock market.
I don't know about that. Investors tend to be late to the party and the last ones to leave.I'd say let em speculators create all sorts of bubbles and then, when the music stops, investor takes an advantage of it all.
I had in mind, theI don't know about that. Investors tend to be late to the party and the last ones to leave.
I'd say let em speculators create all sorts of bubbles and then, when the music stops, investor takes an advantage of it all.
Only one investor?I had in mind, the
Is he talking about Warren Buffett?Only one investor?