Making a distinction between investment and speculation It is useful. It is worrying that this distinction has recently begun to disappear. I find. Wall Street as an “institution tekrar to re-establish this distinction and we must always emphasize. Otherwise, exchanges enough to be exposed to severe speculative losses for one day will be faced with accusations that they are not enlightened. Oddly, the losers are not only inexperienced. Many stock companies, The Bank fell into trouble as it included speculative shares in its capital funds. The risks contained in the shares of the reader of this book, the profit they offer these risks, which are on the same plane with their opportunities and must be calculated together, will have a good idea about.