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6 Sep 2016

The Wisdom of Great Investors: Part 5 of 6- Recognise that short-term underperformance is inevitable

John Maynard Keynes (1883–1946) was an economist best known for his economic theories, Keynesian economics on the causes of prolonged unemployment.

He wrote ‘The General Theory of Employment, Interest and Money’ published in 1936 which proposed a solution for economic recession based on a government-sponsored policy of full employment.

He is considered one of the most influential economists of all time.

John Maynard Keynes is quoted as saying that… “The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.”


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