4 ms·
> And speculating on something, by itself, does not qualify as an investment. Yes it does. For example, venture capitalists are investors, and they engage in h
by dsacco 9y ago
> And speculating on something, by itself, does not qualify as an investment.
Yes it does. For example, venture capitalists are investors, and they engage in high risk speculation.
- deleted 9y ago[deleted]
- vuln 9y agoDo venture capitalists invest in something based upon a Facebook ad? Probably not. The cryptocurrency hype targeted the unknowledgeable with a blatant 'get rich scheme' worse than state sponsored lottery.
- dsacco 9y agoI don't disagree with you, I just dislike when the term "investment" is narrowed so as to preclude high risk speculation. Even university endowments and pension funds have speculative investments.