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Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JimboToronto
on
27/06/2014, 13:31:08 UTC
Quote from: JorgeStolfi on June 27, 2014, 01:13:27 PM
he bought a failing company
and managed it for many years
until it got profitable again.
That's actual investing, where you have control over the outcome, as opposed to speculating, where you're gambling on other peoples' success or failure.