Speculation

Hello, this is an excellent question, and it really resonates with how ordinary people feel. I've been following Bitcoin for quite a few years now, and I've seen the media's attitude towards it swing ...

This is an excellent question, and it really hits the nail on the head. It's undeniable that speculative psychology is the primary driver behind Bitcoin's dramatic price fluctuations.

Alright, let's talk about the South Sea Bubble. While it's an old story from 300 years ago in Britain, the pitfalls within it are still being encountered today.

Okay, great question. Naval's perspective is both profound and very accessible. As someone who has also followed him for a long time, let me try to explain my understanding in plain language.

Okay, let's talk about this. This question hits the nail on the head because it centers on the core difference between investing and speculating – a point strongly emphasized by Benjamin Graham, Warre...

Hello! I'm delighted to discuss this classic question with you. This is actually one of the core distinctions emphasized repeatedly by Graham in The Intelligent Investor.

Okay friend, let's dig into this. Your question is really spot-on; getting this right means you're more than halfway to success on your investing journey.

Friend, you've hit the nail on the head – this question really gets to the cornerstone of Graham's entire investment philosophy. Many mistakenly believe Graham was a stodgy, rigid figure who forbade a...

Okay, let's talk about this classic topic. To get it straight, imagine yourself as someone preparing to open a business. Why Did Graham Believe Speculation is Dangerous? Hey, that’s a great question ...

Sure, here is the translation: This is a classic question, one that everyone looking to enter the market should understand first. This distinction primarily comes from the father of value investing, B...

Here's the English translation of the provided content, maintaining the Markdown format: Good, let's discuss how Benjamin Graham, the "father of value investing," viewed investment versus speculation.

Charlie Munger believes that the root of "gambling-style investing" (or speculation) does not stem from rational calculation, but is deeply embedded in powerful, innate, and often subconscious psychol...