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Teeqoz on 25 June 2016
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DonFerrari said:
Teeqoz said:

In an instable market, it is pretty much random. None of the best investors do speculation. They invest in sound companies that they believe will do well for a longer period of time.

Have I said the good investors don't buy the stocks they believe will do better in the long time? Nope, but do they stop investing during unstable periods? I pretty much doubt it. And again what I said about speculation is that stock trade have a lot of them, you wanting or not, and it isn't even close to lottery, not in the probability of getting right nor in the amount paid back. Your analogy to lottery is as bad as people that say penalty kicks are lottery.

I never said that investors stop investing during unstable periods. It's quite the opposite, the best investors know that a crash is a splendid opportunity to buy. Stock trade has a lot of speculation, but it also has a lot of losers.

Okay, lottery was a bad analogy. Play poker instead.