Mr. Wasiks distillation of how Keynes made--and then remade--his fortune is instructive. And the principles that Keynes followed have stood the test of time. As Mr. Wasik adds, 'The object of investing is to ensure prosperity, not to become obsessed with making money.'
The New York Times
John Maynard Keynes indelibly made his mark on global economics...
Few people know, however, that he was also a daring,steel-nerved investor who built a multimilliondollarfortune in the stock market while providing financial counsel to the likes of Winston Churchill and FDR. Now, you can learn from--and imitate--Keynes's success by examining the story of his lifeand investment strategies, masterfully told by awardwinning author John F. Wasik.
As you follow Keynes from his early years with theBloomsbury Group, through two world wars and the Great Depression Keynes's theories and practices come to life by way of the historic and personal events that shaped them. Like today's investors, Keynes faced markets roiled by panic, inflation, deflation, widespread unemployment, and war--and he developed a core set of principles to prosper in every climate. With the individual investor in mind,this straightforward guide makes it easy for investorsat all levels to implement the action-oriented strategiespresented in each of the 10 chapters and start investing like Keynes today by:
- Buying and holding quality stocks
- Ignoring short-term news
- Building diversified portfolios
- Trading contrary to market momentum
- Getting the most out of dividend stocks
Using the eloquent insight of a seasoned investmentwriter, author John F. Wasik digs down into what investments Keynes owned, how he bought and sold them, how his theories guided his investments, and vice versa. He illustrates why Keynes's ideas, insights, and portfolio strategies have withstood the test of time, and how they will continue to produce financial gains for dedicateló–