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John Maynard Keynes was arguably the greatest macroeconomic mind of all time, but after losing a lot of money, he came to the conclusion that one should invest
by bwanab 4y ago
John Maynard Keynes was arguably the greatest macroeconomic mind of all time, but after losing a lot of money, he came to the conclusion that one should invest in companies that 1) make products you understand and 2) have management that you trust. If that sounds familiar, it should since that is Warren Buffet’s strategy who has been known to quote Keynes often.
- jah242 4y agoI second this and can't recommend Keynes and his writing highly enough. I would also add that if you can get hold of Volume 12 of The Collected Writings of John Maynard Keynes it goes through his time as an investor and all related correspondence in great detail. Fascinating from a historical and practical perspective.