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speculator


Definition
A person who makes risky investments, anticipating a major change in the future price of the asset. Some people differentiate between an investor and a speculator based on the intrinsic risk associated with the type of transactions each is prone to make.

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The 3 Most Timeless Investment Principles (3 of 3)Know What Kind of Investor You Are: Graham advised that investors know their investment selves. To illustrate this, he made clear distinctions among various groups operating in the stock market.
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