John C. Bogle Quotes About Speculation

• Ask yourself: Am I an investor, or am I a speculator? An investor is a person who owns business and holds it forever and enjoys the returns that U.S. businesses, and to some extent global businesses, have earned since the beginning of time. Speculation is betting on price. Speculation has no place in the portfolio or the kit of the typical investor.

  John C. Bogle

  Forever, Typical, Return

• Speculation leads you the wrong way. It allows you to put your emotions first, whereas investment gets emotions out of the picture.

  John C. Bogle

  Way, Firsts, Emotion

• I believe - deeply and profoundly - that speculation is a loser's game.

  John C. Bogle

  Believe, I Believe, Speculation

  Fuente: www.washingtonpost.com

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