One of the quotes from Tuur's report which really stuck:
"A speculator doesn’t allocate capital in order to grow a business or create something. He simply takes advantage of distortions in the market to increase his personal share of existing wealth. Most speculative opportunities have political roots, taking advantage of distortions created by laws, regulations, taxes, or other government action." - Doug Casey
ianforbes / Ian Forbes
npub1ru…hk3pg
2023-05-02 19:01:45
Author Public Key
npub1ruwjw9s5r2q3y4m73s7n02fluvg0643tar2pzxevpkqah4f367pqzhk3pgPublished at
2023-05-02 19:01:45Event JSON
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"content": "One of the quotes from Tuur's report which really stuck:\n\n\"A speculator doesn’t allocate capital in order to grow a business or create something. He simply takes advantage of distortions in the market to increase his personal share of existing wealth. Most speculative opportunities have political roots, taking advantage of distortions created by laws, regulations, taxes, or other government action.\" - Doug Casey ",
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