Speculation

I mean, Dave, I'm sure you've seen it.

The index of the Goldman Sachs, Improper, Speculative Stocks, whatever, it was at 92% year-to-date like sometime in July.

When I looked the other day, it was like down 12 on the year.

It's like been cut in half in the last three months.

In addition to that, he was a commodities trader and a registered floor broker on the Chicago Mercantile Exchange.

There are a lot of really over-the-top sounding stories about this man, and from what I can tell, they mostly trace back to the book The Futures, The Rise and Fall of the Speculator and the Origins of the World's Biggest Markets by Emily Lambert, which came out in 2012.

It seems like various articles and podcasts and whatnot that came out since 2012 are all kind of tracing back to that book.

This is not the kind of book that includes footnotes about where individual details came from.

Isto é que é especulação.

Especular não é construir e ter uma margem de lucro, isso é um negócio.

Especular é, é ter o seu terreno em pousio, à espera que tudo seja desenvolvido à volta, e quando tudo estiver desenvolvido à volta, aí sim eu vou mobilizar o meu terreno.

Isso é que é especular.

Aí vai, vai, va-vai, ele vai valer muito mais.