Investing vs Speculation
I’ve had several conversations around the current market valuation, “Wall Street Bets” or “Meme Stocks,” Cryptocurrency and NFTs etc. I’d like to spend more time on each in the future as they all have their unique aspects, but for now, a good place to start is the difference between investment and speculation. At the most basic level it’s a simple question of, “Where’s the cash?” An investment is something that can be valued based on the cash that it generates/is reasonably
