
What Financial Experts Won't Tell You About Money With Morgan Housel
Erika Taught Me
00:00
Investing in a Business or Trading?
A lot of it is the difference between investing in a business for the long term, where I'm going to buy Apple stock. And those profits will accrue to me as an investor over the next 20 years. Trading is more of a speculative endeavor and you might be right about that bet. It's because there's that hope that, wow, I could double triple my money in a short period of time.
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