Delusion Quote by John Maynard Keynes
“I was suffering from my chronic delusion that one good share is safer than ten bad ones, and I am always forgetting that hardly anyone else shares this particular delusion.”
About This Quote
Source Essay: The General Theory of Employment, Interest and Money, 1936
People often overvalue a single safe option and underestimate the benefit of multiple diverse choices.
In simple terms: Avoid putting all trust in one safe bet.
Key Takeaway
Diversify your risks.
Themes
risk
decisionmaking
psychology
Mood
analytical
cautious
Type
economic
philosophical
When to use this quote
- investment strategy
- career planning
- health decisions
- team building
Key Concepts
Probability
cognitive bias
Questions to Reflect On
- Do you favor safety over variety?
- What would happen if you tried several options?
A Different Perspective
Risk diversification can increase complexity and cost.
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