In general contexts, speculate means "to form ideas or theories about something usually when there are many things not known about it." In contexts relating to business or finance, it means "to invest money in ways that could produce a large profit but that also involve a lot of risk."
☰Thought of the Day
"Happiness is not something readymade. It comes from your own actions." - Dalai Lama
- Philip III "the Bold", King of France (1270-85), born in Poissy, France (d. 1285)
- Jean Henri Appelius, Dutch lawyer and politician (Minister of Finance), born in Middelburg, Netherlands (d. 1828)
- Rudolf Wittelsbach, Swiss pianist and composer, born in Constantinople, Turkey (d. 1972)
- F. E. McWilliam [Frederick Edward], Northern-Irish surrealist sculptor (Four Seasons Group), born in Banbridge, County Down (d. 1992)
- Al Lewis [Alexander Meister], American actor (Car 54, Where Are You?; The Munsters; Used Cars), born in Brooklyn, New York City (d. 2006)
- Lars Hall, Swedish pentathlete (Olympic gold 1952), born in Karlskrona, Sweden (d. 1991)
- Robert Scott, American politician, Rep-D-Virginia (1993-), born in Washington D.C.
- Phil Garner, American baseball infielder (World Series 1979 Pittsburgh Pirates; 3 x MLB All-Star; Oakland A's, Houston Astros) and manager (Milwaukee Brewers, Detroit Tigers, Houston Astros), born in Jefferson City, Tennessee (d. 2026)
- Revival of musical revue "A Party with Betty Comden and Adolph Green" closes at Little Theatre, NYC after 92 performances
- Big Ben stops at 12:11 PM for 54 minutes
- Manchester City defeats Manchester United 1-0 in what is claimed to be the biggest match in English Premier League history
- Mathurin Jacques Brisson, French zoologist and naturalist (Ornithologie), born in Fontenay-le-Comte (d. 1806)
- Juliana, Queen of the Netherlands (1948-80), born in Noordeinde Palace, The Hague, Netherlands (d. 2004)
- Bernard Sendall, British deputy director general of the Independent Television Authority and author (Independent Television in Britain), born in Malvern, England (d. 1996)
- Bernie Clifton [Quinn], British comedian (Oswald the Ostrich), born in St Helens, Lancashire, England
- Kirsten Dunst, American actress (Interview with the Vampire, Spider-Man), born in Point Pleasant, New Jersey
