John Maynard Keynes Quotes
Markets can remain irrational longer than you can remain solvent.
This quote is misattributed to Keynes. The first recorded version of this was a 1986 presentation given by Gary Shilling, an influential financial advisor twice named Wall Street’s top economist in a poll conducted by Institutional Investor magazine, as reported by The Advertiser newspaper of Montgomery, Alabama. The next recorded evidence is a Forbes article by Shilling in February, 1993. See linked quote.
This quote is often misattributed to John Maynard Keynes. See linked quote.
Speculation meant real estate investment and business.
Jobs led Apple when it became the technology company with the largest stock market valuation ever, yet he freely admitted that he did bit understand the market. He just ran a great company which produced wonderful, innovative products and paid relatively little attention to the stock market and Wall Street.
- Born: June 5, 1883
- Died: April 21, 1946
- Nationality: British
- Profession: Economist
John Maynard Keynes, 1st Baron Keynes, CB, FBA (5 June 1883 – 21 April 1946), was an English economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century, he produced writings that are the basis for the school of thought known as Keynesian economics, and its various offshoots. His ideas, reformulated as New Keynesianism, are fundamental to mainstream macroeconomics.
