A valuation, which is established as the outcome of the mas… - John Maynard Keynes

" "
A valuation, which is established as the outcome of the mass psychology of a large number of ignorant individuals is liable to change violently as the result of a sudden fluctuation of opinion due to factors which really do not make much difference . . . since there will be no strong roots of conviction to hold it steady.

John Maynard Keynes

This quote has a book source. Sign up to see titles and page references

bandwagon psychology foolishness bubbles investing speculation

English

Collect this quote

About John Maynard Keynes

John Maynard Keynes, 1st Baron Keynes of Tilton (5 June 1883 – 21 April 1946) was a British economist whose ideas, known as Keynesian economics, had a major impact on modern economic and political theory and on many governments' fiscal policies.

Biography information from Wikiquote

Also Known As

Alternative Names: Lord Keynes • Baron Keynes of Tilton • John Maynard Keynes, 1st Baron Keynes • Keynes

All quotes from John Maynard Keynes Similar Quotes by other Originators

Originators like John Maynard Keynes:

John Kenneth Galbraith Friedrich Hayek Robert Heilbroner Winston Churchill Thomas Sowell

Additional quotes by John Maynard Keynes

In this autumn of 1919, in which I write, we are at the dead season of our fortunes.

Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.

The hope of a very favourable outcome, which may balance the risk in the mind of the borrower, is not available to solace the lender.

A valuation, which is established as the outcome of the mass psychology of a large number of ignorant individuals is liable to change violently as th… - John Maynard Keynes

About John Maynard Keynes

Also Known As

Go Premium

Additional quotes by John Maynard Keynes

Unlimited Quote Collections