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Posts Tagged ‘Keynes’

LKY, Ho, Buffett and Keynes

In Financial competency on 23/05/2015 at 1:04 pm

“Investment based on genuine long-term expectation is so difficult today as to be scarcely practicable,” wrote Keynes in 1935. Only Buffett since then has shown that Keynes is wrong.

LKY (with his 30-yr investments in Merrill Lynch sold at a big loss after less than a few yrs, Citi and UBS) and Ho Ho Ho (with her investments in the Chinese banks and StanChart) show the wisdom of Keynes.