It is the duty of the long-term investor to endure great losses with equanimity.
JOHN MAYNARD KEYNESI find myself more and more relying for a solution of our problems on the invisible hand which I tried to eject from economic thinking twenty years ago.
More John Maynard Keynes Quotes
-
-
Canada is a place of infinite promise. We like the people, and if one ever had to emigrate, this would be the destination, not the U.S.A. The hills, lakes and forests make it a place of peace and repose of the mind, such as one never finds in the U.S.A.
JOHN MAYNARD KEYNES -
The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems – the problems of life and of human relations, of creation and behavior and religion.
JOHN MAYNARD KEYNES -
I am myself impressed by the great social advantages of increasing the stock of capital until it ceases to be scarce.
JOHN MAYNARD KEYNES -
All the political parties alike have their origins in past ideas and not in new ideas and none more conspicuously so than the Marxists .
JOHN MAYNARD KEYNES -
The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
JOHN MAYNARD KEYNES -
Nothing mattered except states of mind, chiefly our own.
JOHN MAYNARD KEYNES -
To suggest social action for the public good to the city London is like discussing The Origin of Species to a Bishop sixty years ago.
JOHN MAYNARD KEYNES -
There is nothing so disastrous as a rational investment policy in an irrational world.
JOHN MAYNARD KEYNES -
The considerations upon which expectations of prospective yields are based are partly existing facts which we can assume to be known more or less for certain, and partly future events which can only be forecasted with more or less confidence.
JOHN MAYNARD KEYNES -
The disruptive powers of excessive national fecundity may have played a greater part in bursting the bonds of convention than either the power of ideas or the errors of autocracy.
JOHN MAYNARD KEYNES -
Should government refrain from regulation (taxation), the worthlessness of the money becomes apparent and the fraud can no longer be concealed.
JOHN MAYNARD KEYNES -
The difficulty lies, not in the new ideas, but in escaping from the old ones.
JOHN MAYNARD KEYNES -
When the final result is expected to be a compromise, it is often prudent to start from an extreme position.
JOHN MAYNARD KEYNES -
We will not have any more crashes in our time.
JOHN MAYNARD KEYNES -
When somebody persuades me I am wrong, I change my mind.
JOHN MAYNARD KEYNES