Let the following be one of the unfailing rules by which the individual investor and, needless to say, the pension and other institutional-fund manag… - John Kenneth Galbraith

" "

Let the following be one of the unfailing rules by which the individual investor and, needless to say, the pension and other institutional-fund manager are guided: there is the possibility, even the likelihood, of self-approving and extravagantly error-prone behavior on the part of those closely associated with money. Let that also be the continuing lesson of this essay.