Speculation

Investment vs Speculation

“An INVESTMENT operation is one which, upon thorough analysis, promises safety of principal and an adequate return.” Graham writes. Speculation operation meets none of these. On the question of Investment vs Speculation, I turn to Graham because he addresses the differences between them on the very first page of his book, The Intelligent Investor. The above…

What is Gross Domestic Product?

(Source: BusinessWorld) GROSS DOMESTIC PRODUCT represents the BROADEST measure of the value of economic activity within a country during a period of time. Gross Domestic Product (GDP) measures the market value of all final goods and services produced within the economy in a given period of time (output definition) or, equivalently, the aggregate income earned by…