Anticipate Quote by George Soros

Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the…

— John Maynard Keynes

Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent…

— Fred Schwed Jr

Speculation leads you the wrong way. It allows you to put your emotions first, whereas investment gets emotions out of the picture.

— John C. Bogle

Ask yourself: Am I an investor, or am I a speculator? An investor is a person who owns business and holds it forever and…

— John C. Bogle

Confusing speculation with investment is always a mistake.

— Benjamin Graham

If an asset has cash flow or the likelihood of cash flow in the near term and is not purely dependment on what a…

— Seth Klarman

Speculation is only a word covering the making of money out of the manipulation of prices, instead of supplying goods and services.

— Henry Ford

“risks therein must be assumed by someone. * There is intelligent speculation as there is intelligent investing. But there are many ways in which…

— Benjamin Graham

The true secret of success in the investment and speculative world is not so much which good securities to buy, but rather which investments…

— Morton Shulman

The distinction between investment and speculation in common stocks has always been a useful one and its disappearance is cause for concern.

— Benjamin Graham

At long as a stock is acting right, and the market is right, do not be in a hurry to take profits. One should…

— Jesse Lauriston Livermore

The game of investing is one of making better predictions about the future than other people. How are you going to do that? One…

— Charlie Munger