Successful investing is anticipating the anticipations of others.
JOHN MAYNARD KEYNESThe immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.
More John Maynard Keynes Quotes
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I think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, but that in itself is in many ways extremely objectionable.
JOHN MAYNARD KEYNES -
Like all his type, Newton was wholly aloof from women.
JOHN MAYNARD KEYNES -
It is better that a man should tyrannize over his bank balance than over his fellow-citizens.
JOHN MAYNARD KEYNES -
The engine which drives enterprise is not thrift, but profit.
JOHN MAYNARD KEYNES -
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.
JOHN MAYNARD KEYNES -
All production is for the purpose of ultimately satisfying a consumer.
JOHN MAYNARD KEYNES -
Once doubt begins it spreads rapidly.
JOHN MAYNARD KEYNES -
It is the duty of the long-term investor to endure great losses with equanimity.
JOHN MAYNARD KEYNES -
It would be foolish, in forming our expectations, to attach great weight to matters which are very uncertain.
JOHN MAYNARD KEYNES -
By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.
JOHN MAYNARD KEYNES -
Nor should the argument seem strange that taxation may be so high as to defeat its object, and that, given sufficient time to gather the fruits, a reduction of taxation will run a better chance than an increase of balancing the budget.
JOHN MAYNARD KEYNES -
When somebody persuades me I am wrong, I change my mind.
JOHN MAYNARD KEYNES -
Perhaps a day might come when there would be at last be enough to go round, and when posterity could enter into the enjoyment of our labors.
JOHN MAYNARD KEYNES -
Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
JOHN MAYNARD KEYNES -
It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges.
JOHN MAYNARD KEYNES