"speculative business" is a correct and usable phrase in written English.
It is typically used to refer to a business venture that may or may not pay off due to the uncertainty of its outcome. For example, you could say, "My friend invested in a speculative business that was eventually successful."
Decoding a local primary election is a highly speculative business.
Speculative business cases won't convince sceptical health commissioners, however.
"It's a very speculative business that we're in.
A CNN spokeswoman said, "we don't comment on speculative business matters".
France's newly elected Socialist president, François Hollande, has pledged to force banks to hive off their speculative business.
This assumed that the past would remain relevant in an era in which the mortgage industry was morphing into a wildly speculative business.
Like the heedless casino culture it exemplified, that CNBC program has long been back to speculative business-as-usual, pumping stocks as if the crash were just a small, inconvenient bump on the road to larger profits and bonuses.
The administration of President Francois Hollande has implemented greater state support for employment, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, including a temporary 75% tax on wages over one million euros, and hiring an additional 60,000 teachers during his five-year term.
Investment income is an easy and relatively safe way to reap the rewards of exponential growth, but there are other ways to get exposure: choosing a career or side-hustle with scalable, non-linear payoffs (see the barbell strategy), or making strategic investments in speculative businesses with the potential for exponential revenue growth (see the bastard's barbell).
The basic, "value" in a broad sense--invest in stable, non-speculative businesses with strong business models, for the long term, etc.--ethos is obviously still there, but what delivers superior returns is also plays on global macro trends (very much including politics), because doing just "value" in the current environment wouldn't move the needle for a portfolio of Berkshire's size.
The value of the capital in bank vaults, therefore, fell drastically reducing their ability to make loans to solid non-speculative businesses.
