Speculation is dealing with the uncertain conditions of the unknown future. Every human action is a speculation in that it is embedded in the flux of time.
( Ludwig von Mises )
The individual investor should act consistently as an investor and not as a speculator.
( Ben Graham )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
There is a time to go long, a time to go short and a time to go fishing.
( Jesse Livermore )
Investing puts money to work. The only reason to save money is to invest it.
( Grant Cardone )
Cut short your losses, and let your profits run on.
( David Ricardo )
Investing is the intersection of economics and psychology.
( Seth Klarman )