In a recent post at 0 to IPO in 7 Years, I made a comment that I did not see enough of a difference between speculation and investment and asked for a clarification. Rocky promptly presented the following crisp definition:

“My definition: A speculation is a holding (of whatever sort) where the success or failure is determined by the expectation that ANOTHER MARKET PARTICIPANT will move the price in a particular direction…

My friend sent me a funny link about CNBC that brought forward a few thoughts about assets. What I am about to write you can and should safely ignore as it is likely to have little to no impact on your life. If you know me, you already know I don’t know anything and carry my cross like everyone else in the world. If you don’t even know me, how can you take what I say as anything of value, anything to use as basis for even a simple decision…

While reading a post from Daily Speculations, I thought of many reasons why the markets are so fascinating. I think it important to be fascinated for the right reasons. Here’s the partial list for me…

As I was driving to work a couple days ago, a strange question came into my mind. Why am I so different from so many men who enjoy working on their cars? They like to keep their vehicles clean, engines bright, and wheels shining. Many men (around the globe) spend hours on their cars while also dreaming of owning better cars. Being fairly mechanically inclined, I am sure I could fix just about any issue in a car but I don’t even have the interest, let alone the tools. I …