Linguistic Significance
Common usage of investment to describe speculation has reduced investor capacity to discern investment from speculation, reduced investor awareness of risk associated with speculation, increased capital available to speculation, and decreased capital available to investment.
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Famous quotes containing the words linguistic and/or significance:
“It is merely a linguistic peculiarity, not a logical fact, that we say “that is red” instead of “that reddens,” either in the sense of growing, becoming, red, or in the sense of making something else red.”
—John Dewey (1859–1952)
“For a parent, it’s hard to recognize the significance of your work when you’re immersed in the mundane details. Few of us, as we run the bath water or spread the peanut butter on the bread, proclaim proudly, “I’m making my contribution to the future of the planet.” But with the exception of global hunger, few jobs in the world of paychecks and promotions compare in significance to the job of parent.”
—Joyce Maynard (20th century)