... 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.
John Maynard KeynesIf human nature felt no temptation to take a chance there might not be much investment merely as a result of cold calculation.
John Maynard KeynesThe ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.
John Maynard Keynes