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A review by daeus
The Investment Answer by Daniel C. Goldie
3.0
Solid quick overview of investing, specifically on helping to distinguish investing vs speculation. Some interesting tidbits:
- The median life of a hedge fund is 31 months.
- Commodities do not generate earnings, pay interest, or create business value. They are a speculative bet where there is a winner and a loser at the end of the trade. Did not know that but makes sense now.
- The median life of a hedge fund is 31 months.
- Commodities do not generate earnings, pay interest, or create business value. They are a speculative bet where there is a winner and a loser at the end of the trade. Did not know that but makes sense now.