Investment vs. Speculation
Feld Thoughts
JUNE 8, 2021
In the mid-1990s, when I had a bunch of money after the sale of my first company, I bought and sold some public company stocks. I put a bunch of Exodus stock I’d gotten from the sale of a company into the fund. What was bothering me was simple: the narrative around many things has shifted to the far end of speculating.
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