In common discussions what is the difference by Dr. Robert Murphy

Question 96 / 96: In common discussions, what is the difference between an investor and a speculator in stocks?

Answer:

People typically think of an investor as someone who intends to

hold a stock for a long time either as part of a general strategy

or because the company seems dependable. A speculator, on

the other hand, is someone who looks to get in and out relatively

quickly, after an anticipated price move.

Sample Partial Credit Answer

A speculator thinks the original price of the stock is wrong.

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https://www.jobilize.com/capitalism-the-market-economy-by-dr-robert-murphy-mises

Capitalism: The Market Economy

Access: Public Peer Review

Dr.Robert MurphyAssociated Scholar

Mises Institute

USA

Attribution: Dr. Robert P. Murphy, Lessons for the Young Economist. (Mises Institute), http://mises.org/document/6215/Lessons-for-the-Young-Economist (Accessed 04 April, 2014). License: Creative Commons BY

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