Showing posts with label Fred Schwed Jr.. Show all posts
Showing posts with label Fred Schwed Jr.. Show all posts
Investment, Fred Schwed Jr.
Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent a lot of money from becoming a little.
― Fred Schwed Jr., Where Are the Customers' Yachts?: Or a Good Hard Look at Wall Street
투기는 적은 돈으로 큰 돈을 만들려는, 아마도 성공하지 못할 노력입니다. 투자는 큰 돈을 손실로 막기 위한 노력이며, 그것은 성공적이어야 합니다.
- 프레드 슈워드 2세
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