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A distinction without a difference. He is an active trader that moves in and out of businesses all the time.

In fact, he just dumped all of his airline stock recently due to Covid-19.

It doesn't matter if you trade based on research or not, you're still a trader.



au contraire, it's precisely the most carnal difference, that of intent and of effect. investors want investments--the companies--to succeed, and thereby externalizes a net positive societal effect; traders want their bets to succeed, others be damned.




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