SPECULATORS

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Definitions

1. there are "speculators" who seek to buy something (like land) cheaply and sell it dear. Or sell it dear, depress the market and buy it back cheaply. In either case they make a profit. It is less well understood that "speculators" also operate on the subject of money itself. By manipulating the value of one currency against another they seek to obtain a profit. (HCO PL 3 Dec 71).

2. persons who take large investment risks with the intent of greatly increasing their capital rather than being concerned with dividend income.