Quote:
Originally Posted by dradernh
There's investing, there's speculating, and there's gambling.
|
What bucket is stock in?
Commodities?
Land?
My definition of investing is tangible things. Land, commodities or the like. Stocks are gambling.
Buffet is a good gambler. He's done well to bet on things that people will need and need more of in the future, services, energy, etc.