• There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations because if you successfully anticipate the future you make a speculative profit.

    George Soros: There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations because if you successfully anticipate the future you make a speculative profit.
    George Soros (2014). “The Tragedy of the European Union: Disintegration or Revival?”, p.84, PublicAffairs