Chess is a cure for headaches.
JOHN MAYNARD KEYNESDangerous acts can be done safely in a community which thinks and feels rightly, which would be the way to hell if they were executed by those who think and feel wrongly.
More John Maynard Keynes Quotes
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I’d rather be vaguely right than precisely wrong.
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When somebody persuades me I am wrong, I change my mind.
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There is no harm in being sometimes wrong – especially if one is promptly found out.
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Successful investing is anticipating the anticipations of others.
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Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.
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When I find new information I change my mind; What do you do?
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If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.
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The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It is not just. It is not virtuous. And it doesn’t deliver the goods.
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Once doubt begins it spreads rapidly.
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The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.
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I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.
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As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes.
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The businessman is only tolerable so long as his gains can be held to bear some relation to what, roughly and in some sense, his activities have contributed to society.
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Like all his type, Newton was wholly aloof from women.
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There is no intrinsic reason for the scarcity of capital.
JOHN MAYNARD KEYNES