A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined… — John Maynard Keynes Copy Share Image
The central principle of investment is to go contrary to the general opinion, on the grounds that if everyone agreed about its… — John Maynard Keynes Copy Share Image
Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology… — John Maynard Keynes Copy Share Image
“I find economics increasingly satisfactory, and I think I am rather good at it. I want to manage a railroad or organise… — John Maynard Keynes Copy Share Image
I feel no shame at being found still owning a share when the bottom of the market comes…I would go much further… — John Maynard Keynes Copy Share Image
It is impossible that the intention of the entrepreneur who has borrowed in order to increase investment can become effective (except in… — John Maynard Keynes Copy Share Image
Of the maxims of orthodox finance none, surely, is more anti-social than the fetish of liquidity, the doctrine of that it is… — John Maynard Keynes Copy Share Image
Professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from… — John Maynard Keynes Copy Share Image
As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums… — John Maynard Keynes Copy Share Image
Once we allow ourselves to be disobedient to the test of an accountant's profit, we have begun to change our civilization. — John Maynard Keynes Copy Share
If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at… — John Maynard Keynes Copy Share
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. — John Maynard Keynes Copy Share
It has been pointed out already that no knowledge of probabilities, less in degree than certainty, helps us to know what conclusions are true,… — John Maynard Keynes Copy Share
Everything is always decided for reasons other than the real merits of the case — John Maynard Keynes Copy Share
The power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas — John Maynard Keynes Copy Share
It is a good thing to make mistakes so long as you're found out quickly. — John Maynard Keynes Copy Share
When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall… — John Maynard Keynes Copy Share
Of the maxims of orthodox finance none, surely, is more anti-social than the fetish of liquidity, the doctrine of that it is a positive… — John Maynard Keynes Copy Share
The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable… — John Maynard Keynes Copy Share
I conceive, therefore, that a somewhat comprehensive socialisation of investment will prove the means of securing an approximation to full employment. — John Maynard Keynes Copy Share
Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone. — John Maynard Keynes Copy Share
Whenever you save five shillings you put a man out of work for a day. — John Maynard Keynes Copy Share