Speculative Company

Categories: Company Management

See: Speculation.

They dig oil wells based on a water witch's broom. She said she was touched. The company believed her. This'd be crazy, but she's looked for 17 wells and actually found 11 gushers during that search, in a world where 1 in 10 is a good score.

So you're betting on her, totally speculating on this speculative company. But like...why not? Better odds than the table games in Vegas.

Related or Semi-related Video

Finance: What is speculation?6 Views

00:00

Finance a la shmoop what is speculation? wild bets crazy dreams invested upon the [Man placing bet and woman dreaming about money]

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state lottery betting the ranch on red

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drilling randomly on street corners hoping to find oil you don't want to do

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that all right that's speculation the opposite of speculation in a sense is

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well just real investing that is doing research on a company or an industry

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finding the megatrend it feeds into and doing the math on its earnings and [Man completing math work]

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realizing that the company will in fact in two years earn more like five bucks a

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share rather than three bucks a share that well everyone on Wall Street ie the

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stock brokers are publishing and predicting speculation is just kind of

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throwing money at things on a wing and a prayer and you know hoping for that

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miracle yeah but doesn't usually happen so just be an investor

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