A speculator gambles that a stock will go up in price because somebody else will pay even more for it.


The Intelligent Investor: A Book of Practical Counsel (ed. Prabhat Prakashan, 1972)


A speculator gambles that a stock will go up in price because somebody else will pay even more for it.

A speculator gambles that a stock will go up in price because somebody else will pay even more for it.

A speculator gambles that a stock will go up in price because somebody else will pay even more for it.

A speculator gambles that a stock will go up in price because somebody else will pay even more for it.