Daily Archives: Apr 3, 2021 at 06:49 am EDT

Book Bits: 3 April 2021

Investing with Keynes: How the World’s Greatest Economist Overturned Conventional Wisdom and Made a Fortune on the Stock Market
Justyn Walsh
Review via The Wall Street Journal
When Keynes died in 1946, his net assets totaled some $30 million in today’s money. While his books had sold well, he had made the bulk of his fortune by investing smartly, often from his bed in the mornings after digesting the news. During his 25 years running the King’s College endowment, he generated an annual return of 16%, adapting his investment style to flourish even during the Great Depression and World War II.
Mr. Walsh, a former investment banker and the chief executive of an asset-management firm, explains how.

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