- Hardcover: 240 pages
- Publisher: McGraw-Hill Education; 1 edition (November 18, 2013)
- Language: English
- ISBN-10: 0071815473
- ISBN-13: 978-0071815475
- Product Dimensions: 9 x 1 x 9.3 inches
- Shipping Weight: 1 pounds (View shipping rates and policies)
- Average Customer Review: 22 customer reviews
- Amazon Best Sellers Rank: #719,147 in Books (See Top 100 in Books)
To get the free app, enter your mobile phone number.
Other Sellers on Amazon
+ Free Shipping
+ $3.75 shipping
Keynes's Way to Wealth: Timeless Investment Lessons from The Great Economist Hardcover – November 18, 2013
|New from||Used from|
$1.36 extra savings coupon applied at checkout.
Sorry. You are not eligible for this coupon.
Frequently bought together
Customers who bought this item also bought
About the Author
John F. Wasik is an award-winning columnist, editor, speaker, and author of 14 books. He has covered investor protection issues for more than 30 years and has won 18 awards for his writing.
Related Video Shorts (0)
Be the first videoYour name here
Try the Kindle edition and experience these great reading features:
Showing 1-8 of 22 reviews
There was a problem filtering reviews right now. Please try again later.
In brief, Keynes moved from commodities and active trading to "buy and hold" of favorite stocks, rather in the style of Warren Buffet, though the book stops just short of the investing conclusion it seems to promise. A valuable contribution to understanding Keynes's thinking on economics. At a time when there are those who brand Keynesian theory as socialistic, this book reminds us that he was a very active capitalist, and that for him an enriched life was more important than being rich.
It will be re-read at lest twice a year. Highly recommend this book for any value investor or Buffett fan.
Keynes thought because of his positions in government that he had "superior" knowledge of the commodities markets, but I'm afraid, although the trades are voluminous and have not been totted up, he did not do very well. However, as a long term investor, his "special confidence" in companies with great management worked out very well indeed. And in this latter capacity as a long term investor he joins other long term investors like Benjamin Graham and Warren Buffett.
He had an eye for value beyond commodities, stocks and bonds. He bought the supreme achievement in physics, the manuscript of Isaac Newton's Principia Mathematica. He had a good eye for paintings also buying works by Pablo Picasso, Braque, Seurat, Degas, Ingres, Cezanne, and Matisse.
Unfortunately, there are few capitalists and conservatives who are as intent today on stewarding the entire economy towards the benefit of the many as John Maynard Keynes was during his time. And these things are not necessarily mutually exclusive (being a capitalist but wanting the whole economy to improve). In our time, a problem may have arisen with the disparity between those with great wealth and those without wealth, which is that the wealthy simply cannot spend enough, and the more lopsided our society becomes the more this will become self-evident. The enlightened among the wealthy seem to understand this, that if the consumer does not buy his company's products, his company will suffer, revenues and earnings will decrease, his stock price will decline, and with it his wealth.
Keynes was a pragmatic man, who was looking for pragmatic solutions during the Great Depression, and also, ultimately, in his investments. Let John Wasik give you a peek inside this other world of Keynes, which is, that Keynes was not just an ivory tower economist, he was also down. if not in the trenches, down in the trading pits - a man of the world.