2min chapter

The Security Analysis Podcast cover image

Geoff Saab: Low Risk Investing

The Security Analysis Podcast

CHAPTER

The Difference Between Investing and Speculation

An investment really is when you're, it's something that you're buying and you don't care. I think there are intelligent speculations to be made. An investment is something where you can get some cash flows,. And you can project those cash flows into speculation.

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