Activity Quote by John Maynard Keynes

There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations because if you successfully anticipate…

— George Soros

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

Investing is about making probabilistic decisions with limited information about an unknowable future. The variables are well known, as are the possible outcomes.

— Barry Ritholtz

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

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

“I view investing as a method of purchasing assets to gain profit in the form of reasonably predictable income (dividends, interest, or rentals) and…

— Burton G. Malkiel

Successful investing is anticipating the anticipations of others.

— John Maynard Keynes

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

Investing is about intellectual honesty. You want to know what you know. You want to know, mostly, what you don't know.

— Li Lu

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

We are convinced that the intelligent investor can derive satisfactory results from pricing of either type (market timing or fundamental analysis via price). We…

— Benjamin Graham

The art of investing is not about figuring out what has already happened. It’s about anticipating the futureand creating the future that others will…

— Joshua Rogers