When a mood of excitement pervades a market or surrounds an… - John Kenneth Galbraith

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When a mood of excitement pervades a market or surrounds an investment prospect, when there is a claim of unique opportunity based on special foresight, all sensible people should circle the wagons; it is the time for caution.

John Kenneth Galbraith

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About John Kenneth Galbraith

John Kenneth Galbraith (15 October 1908 – 29 April 2006) was a Canadian-American economist and author.

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Alternative Names: John K. Galbraith • John Galbraith • J. K. Galbraith • Ken Galbraith

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The members of the functional and socially mobilized under class must, in some very real way, be seen as the architects of their own fate. If not, they could be, however marginally, on the conscience of the comfortable. There could be a disturbing feeling, however fleeting, of unease, even guilt.

The greater the wealth the thicker will be the dirt.

For thousands of reluctant scholars, a few distantly remembered curves depicting the interaction of supply and demand to establish prices have for long been the only permanent return on an investment in economic education.

When a mood of excitement pervades a market or surrounds an investment prospect, when there is a claim of unique opportunity based on special foresig… - John Kenneth Galbraith

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