Quote from David Schneider

Almost all investors I know, who consider themselves...

2018-05-01

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Almost all investors I know, who consider themselves proper investors according to the definition above, like to do the occasional trade, punt on pure speculation. But they do it with money they consider part of their gambling portfolio, or play money. They would never risk their financial well being by mindlessly gambling with their main wealth. What

David Schneider
David Schneider in "The 80/20 Investor: Investing in an Uncertain and Complex World - How to Simplify Investing with a Single Principle"

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