Graham draws a sharp line between the two. An investment is an operation which, upon thorough analysis, promises safety of principal and an adequate return. Anything else is speculation. Most people "betting" on the next viral crypto or meme stock are speculating, not investing. 2. "Mr. Market"

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Graham draws a sharp line between the two. An investment is an operation which, upon thorough analysis, promises safety of principal and an adequate return. Anything else is speculation. Most people "betting" on the next viral crypto or meme stock are speculating, not investing. 2. "Mr. Market"