--- title: "Meaning & Key Takeaway of: Professional investment may be likened to…" description: "\"Professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred..." image: "https://sms4smile.com/quotes/i/125/john-maynard-keynes-1380_average_professional-investment-may-be-likened-t_2379831.png" --- # Professional investment may be likened to those newspaper… ![“Professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the competitors as a…” quote by John Maynard Keynes](https://sms4smile.com/quotes/i/125/john-maynard-keynes-1380_average_professional-investment-may-be-likened-t_2379831.png) [Download](https://sms4smile.com/quotes/i/125/john-maynard-keynes-1380_average_professional-investment-may-be-likened-t_2379831.png) [Open image](https://sms4smile.com/quotes/i/125/john-maynard-keynes-1380_average_professional-investment-may-be-likened-t_2379831.png) > “Professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the competitors as a whole.” [John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Investment decisions often follow popular opinion, leading to average outcomes. **In simple terms:** Investors follow the crowd, yielding average results. Key Takeaway Seek independent analysis. Themes economics crowd behavior investment Mood analytical cautious Type financial theoretical When to use this quote - stock selection - portfolio construction - risk assessment Key Concepts Market psychology efficiency theory behavioral finance Questions to Reflect On - How can you identify genuine opportunities? - What role does diversity of thought play? A Different Perspective Contrarian strategies carry higher risk. ★ ★ ★ ★ ★ No ratings yet [Average](https://sms4smile.com/quotes/about/average/) [Choices](https://sms4smile.com/quotes/about/choices/) [Competition](https://sms4smile.com/quotes/about/competition/) [Competitor Choice](https://sms4smile.com/quotes/about/competitor-choice-5890910/) [Competitors](https://sms4smile.com/quotes/about/competitors/) [Competitors Pick](https://sms4smile.com/quotes/about/competitors-pick-5890909/) [Faces](https://sms4smile.com/quotes/about/faces/) [Hundred](https://sms4smile.com/quotes/about/hundred/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Investment Likened](https://sms4smile.com/quotes/about/investment-likened-5890912/) [May](https://sms4smile.com/quotes/about/may/) [Newspaper Competitions](https://sms4smile.com/quotes/about/newspaper-competitions-5890911/) [Newspapers](https://sms4smile.com/quotes/about/newspapers/) [Photograph](https://sms4smile.com/quotes/about/photograph/) [Photography](https://sms4smile.com/quotes/about/photography/) [Picks](https://sms4smile.com/quotes/about/picks/) [Preference](https://sms4smile.com/quotes/about/preference/) [Prettiest](https://sms4smile.com/quotes/about/prettiest/) [Prize](https://sms4smile.com/quotes/about/prize/) [Professional Investment](https://sms4smile.com/quotes/about/professional-investment-846221/) [Six](https://sms4smile.com/quotes/about/six/) [Whole](https://sms4smile.com/quotes/about/whole/) ## Related quotes > [I graduated from Columbia University in 1996 and founded my investment company in 1997, thus starting my professional investment career.](https://sms4smile.com/quotes/li-lu/i-graduated-from-columbia-university-in-1996-and-founded-my/) [Li Lu](https://sms4smile.com/quotes/author/li-lu/) > [Tzuyu is the purest person I have ever met in all my 24 years. She is also the prettiest person.](https://sms4smile.com/quotes/jeongyeon/tzuyu-is-the-purest-person-i-have-ever-met-in-all-my-24-years-she-is/) [Jeongyeon](https://sms4smile.com/quotes/author/jeongyeon/) > [Will you walk into my parlour? Said the spider to a fly: '"Tis the prettiest little parlour That ever you did spy.](https://sms4smile.com/quotes/mary-howitt/will-you-walk-into-my-parlour-said-the-spider-to-a-fly-tis-the/) [Mary Howitt](https://sms4smile.com/quotes/author/mary-howitt/) > [Every girl on the planet has insecurities. It helps me to know that some of the most beautiful people in the world wake up…](https://sms4smile.com/quotes/taylor-swift/every-girl-on-the-planet-has-insecurities-it-helps-me-to-know-that/) [Taylor Swift](https://sms4smile.com/quotes/author/taylor-swift/) > [Men don't settle down because of the right woman. They settle down because they are finally ready for it. Whatever woman they're dating when…](https://sms4smile.com/quotes/laurell-k-hamilton/men-don-t-settle-down-because-of-the-right-woman-they-settle-down/) [Laurell K. Hamilton](https://sms4smile.com/quotes/author/laurell-k-hamilton/) > [Chiiling with no make up thats when youre the prettiest I hope that you dont take it wrong](https://sms4smile.com/quotes/drake/chiiling-with-no-make-up-thats-when-youre-the-prettiest-i-hope-that/) [Drake](https://sms4smile.com/quotes/author/drake/) > [The affair between Margot Asquith and Margot Asquith will live as one of the prettiest love stories in all literature.](https://sms4smile.com/quotes/dorothy-parker/the-affair-between-margot-asquith-and-margot-asquith-will-live-as-one/) [Dorothy Parker](https://sms4smile.com/quotes/author/dorothy-parker/) > [However happy people say they are, nobody is satisfied: we always have to be with the prettiest woman, buy a bigger house, change cars,…](https://sms4smile.com/quotes/paulo-coelho/however-happy-people-say-they-are-nobody-is-satisfied-we-always-have/) [Paulo Coelho](https://sms4smile.com/quotes/author/paulo-coelho/) > [I consider lace to be one of the prettiest imitations ever made of the fantasy of nature](https://sms4smile.com/quotes/coco-chanel/i-consider-lace-to-be-one-of-the-prettiest-imitations-ever-made-of/) [Coco Chanel](https://sms4smile.com/quotes/author/coco-chanel/) > [My striking isn't the prettiest, and I hit really hard.](https://sms4smile.com/quotes/matt-riddle/my-striking-isn-t-the-prettiest-and-i-hit-really-hard/) [Matt Riddle](https://sms4smile.com/quotes/author/matt-riddle/) > [I make jokes about it, but it's the truth that I kind of patterned my look after the town tramp. I didn't know what…](https://sms4smile.com/quotes/dolly-parton/i-make-jokes-about-it-but-it-s-the-truth-that-i-kind-of-patterned-my/) [Dolly Parton](https://sms4smile.com/quotes/author/dolly-parton/) > [Sweat pants, hair tied, chillin wit no makeup on. That's when you're the prettiest, I hope that you don't take it wrong.](https://sms4smile.com/quotes/drake/sweat-pants-hair-tied-chillin-wit-no-makeup-on-that-s-when-you-re-the/) [Drake](https://sms4smile.com/quotes/author/drake/) > [And I can't even go to the grocery store without some ones that's clean and a shirt with a team/It seems we living the…](https://sms4smile.com/quotes/kanye-west/and-i-can-t-even-go-to-the-grocery-store-without-some-ones-that-s/) [Kanye West](https://sms4smile.com/quotes/author/kanye-west/) > [Sometimes you gotta look yourself in the mirror and say, 'You are the prettiest princess in all the land.' I do it once a…](https://sms4smile.com/quotes/jack-barakat/sometimes-you-gotta-look-yourself-in-the-mirror-and-say-you-are-the/) [Jack Barakat](https://sms4smile.com/quotes/author/jack-barakat/) > [I think the prettiest play in football is the pass.](https://sms4smile.com/quotes/joey-heatherton/i-think-the-prettiest-play-in-football-is-the-pass/) [Joey Heatherton](https://sms4smile.com/quotes/author/joey-heatherton/) ## More by John Maynard Keynes > [Once we allow ourselves to be disobedient to the test of an accountant's profit, we have begun to change our civilization.](https://sms4smile.com/quotes/john-maynard-keynes/once-we-allow-ourselves-to-be-disobedient-to-the-test-of-an/) [John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/) > [If you owe your bank manager a thousand pounds, you are at his mercy. 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