Have you ever wondered what separates real investors from those chasing quick money? Here's the opinion of Benjamin Graham himself, the one who coined the term "value investing." He clearly distinguished between investing and speculation.
đ€ Investments:
- Analysis is everything. Investments are not just "buy cheap, sell expensive". It is a deep analysis of the business, its finances, its prospects. You have to dig around before investing.
- Safety first. Graham said: protect your money. The money you invest should be safe, not hanging by a thread.
- Reasonable profitability. The investor is not looking for fabulous income, but is aimed at stable profits over the long term.
- Long-term strategy. Sounds boring? Maybe. But that's what works - playing the long game!
đČ Speculations:
- Adrenaline and risk. The main thing here is higher stakes, like in a casino. High risks for quick money. Or not money...
- Facts? Why do we need them? A speculator doesn't bother with analysis. He looks at trends, listens to rumors - and goes ahead, buy and sell.
- Fast play. Buy an asset and dump it while it's hot. Future? What are you even talking about?
- Risks and swings. Speculation is always a swing, little predictability, a lot of emotions.
And now the main conclusion from Graham: if you are a real investor, stay away from speculation! It's simple: if you want to save and increase - analyze, plan and play for the long term. Everything else is a lottery.đââïž
