Keynes and the Market: How the World’s Greatest Economist Overturned Conventional Wisdom and Made a Fortune on the Stock Market
Keynes and the Market is an entertaining guide to John Maynard Keynes– amazing stock market success. It weaves the economist’s value investing tenets around key events in his richly lived life. This timely book identifies what modern masters of the market have taken from Keynes and used in their own investing styles–and what you too can learn from one of the greatest economic thinkers of the twentieth century. If you want to profit in today’s turbulent stock market the techniques outlined here will put you in a better position to succeed.
Introduction:
John Maynard Keynes conferred a distinct glamor on the dismal science of economics. He was a Cambridge don, key member of the Bloomsbury set, best – selling author, husband of a world – famous ballerina, father of modern macroeconomics, valued government adviser,
ennobled member of the House of Lords, and midwife to the IMF and the World Bank. His bracing response to the doldrums of the Great Depression — “ The patient needs exercise, not rest ” — heralded the Keynesian era of managed capitalism and pump – primed Western economies.
Renowned almost as much for the variability of his opinions as for the vigor, style, and intelligence with which they were advanced, Keynes delighted in assaulting conventional wisdom and deployed pungent prose as his weapon of choice.
Despite affecting an aristocratic disdain for the profession of money making, Keynes was also an incredibly successful stock market player. At the time of his death, his net worth — largely accrued through his investment activities — amounted to the present – day equivalent of $30 million. The Cambridge college fund administered by Keynes recorded a twelve – fold increase in its value while under his stewardship, a period during which the broader market averages failed even to double.
Contents:
- The Apostle Maynard
- Citizen Keynes
- Snap, Old Maid, and Musical Chairs
- The Reckoning
- Raising a Dust
- Animal Spirits
- Game Players
- Searching for Stunners
- Safety First
- Leaning Into the Wind
- Being Quiet
- Eggs in One Basket
- A Sense of Proportion
- Post Mortem