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.

I believe myself to be writing a book on economic theory which will largely revolutionize - not, I suppose, at once but in the course of the next ten years - the way the world thinks about economic problems.

Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.

The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It is not just. It is not virtuous. And it doesn't deliver the goods.

In the long run we are all dead.

Most men love money and security more, and creation and construction less, as they get older.

The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.