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What is a speculator?

What is a speculator? Here are some definitions.

Noun
  1. One who speculates; an observer; a contemplator.
  2. One who forms theories; a theorist.
  3. (business, finance) One who speculates; as in investing, one who is willing to take volatile risks upon invested principle for the potential of substantial returns.
  4. (rugby) Synonym of field goal
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Examples
And even the world's foremost speculator, George Soros, warns against the perils of unfettered markets.
The strategy that fits the needs of a speculator will probably have no place in the portfolio of a long term investor.
Wherever he could get his hands on a speculator or extortioner, he shook him up.
We electrocute the Italian and print pictures of the wheat speculator in our magazines as an example of Success.
But someone needs to take the other side of the bargain, and that usually requires a speculator.
The European Parliament is obviously not a property speculator, but endeavours to be a good administrator of the funds entrusted to it.

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