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Tag Name "Speculator" (11)

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Speculators often prosper through ignorance it is a cliché that in a roaring bull market knowledge is superfluous and experience is a handicap. But the typical experience of the speculator is one of temporary profit and ultimate loss
Benjamin Graham
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Speculator: One who bought stocks that went down.
Malcolm Forbes
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A speculator is a man who, if he dies at the right time, has a rich widow.
Christina Stead
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Clergyman: A ticket speculator outside the gates of Heaven.
H. L. Mencken
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... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.
John Maynard Keynes
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A speculator is a man who observes the future, and acts before it occurs.
Bernard Baruch
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The speculator is not an investor.
Edwin Lefevre
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Speculation is a hard and trying business, and a speculator must be on the job all the time or he'll soon have no job to be on.
Jesse Lauriston Livermore
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As a speculator you must embrace disorder and chaos.
Louis Bacon
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If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.
Warren Buffett
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The individual investor should act consistently as an investor and not as a speculator. This means ... that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his money's worth for his purchase.
Benjamin Graham