John Maynard Keynes Quotes About Risk
-
It is a mistake to think that one limits one’s risk by spreading too much between enterprises about which one knows little and has no reason for special confidence.
→ -
... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.
→ -
As time goes on, I get more and more convinced that the right method in investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes. It is a mistake to think that one limits one's risk by spreading too much between enterprises about which one knows little and has no reason for special confidence. . . . One's knowledge and experience are definitely limited and there are seldom more than two or three enterprises at any given time in which I personally feel myself entitled to put full confidence.
→
Related Authors
-
Alfred Marshall Economist -
Jean-Baptiste Say Economist -
Paul Samuelson Economist -
Adam Smith Philosopher -
Francois Quesnay Economist -
John Stuart Mill Philosopher -
Karl Marx Philosopher -
Friedrich August von Hayek Economist -
Sir John Richard Hicks Economist -
Michal Kalecki Economist -
John Kenneth Galbraith Economist -
Joan Robinson Economist -
David Ricardo Economist -
Thomas Malthus Scholar -
Milton Friedman Economist -
Irving Fisher Economist -
Ludwig von Mises Philosopher -
Paul Krugman Economist -
Joseph A. Schumpeter Economist