Keynes's Way to Wealth: Timeless Investment Lessons from The Great Economist

How John Maynard Keynes became one of the greatest stock investors of all time and how you can replicate his success § With a Foreword by John C. Bogle, founder and former CEO of the Vanguard Mutual Fund Group §Keynes was not only one of the most influential economists of the 20th Century but also a savvy investor who financially advised Winston Churchill and FDR.§Keynes's Way to Wealth presents the legendary economist's most powerful investment principles and strategies, including buying quality stocks and holding them, trading commodities, ignoring short-term news, building portfolios with opposed risks, the upside to being a contrarian, and the power of dividends.§Including original research from the Keynes Archive at King's College, the book dissects what Keynes owned, how he bought and sold, and how his theories guided his decisions throughout his life. Ultimately, this is a guide to the portfolio management style of the most successful investors in the world, such as Benjamin Graham, Warren Buffett, and Charles Munger--all of whom have adopted similar methods as Keynes.§John Wasik has covered investor protection issues for more than a quarter century and won 18 awards for his work, most of it for investigations conducted during his 15-year tenure as a special projects editor at Consumers Digest magazine.§A true gem fascinating, carefully researched, and (as one would expect from a skilled journalist) snappy and eminently readable. I commend it to you. §John C. Bogle, founder and former CEO of the Vanguard Mutual Fund Group, from the Foreword §Praise for Keynes's Way to Wealth §Wasik s book explodes the myth that John Keynes was a one-trick pony simply espousing government intervention in the economic system. It examines Keynes little-known role as money manager during volatile times, with his stock-value, opposing-risk, and behavioral concepts providing a successful strategy that has merit for today s investors. §Andrew Leckey, President, Reynolds National Center for Business Journalism/Reynolds, and Endowed Chair in Business Journalism, Arizona State University §"John Wasik has written a fascinating account of Keynes as an expert investor in commodities, stocks, and bonds. I recommend it to anyone with an interest in Keynes or in investing."§Zvi Bodie, professor of Management, Boston University, and coauthor of Risk Less and Prosper More §Wasik breathes new life into the most important figure in finance, ever. Keynes was more than economic thinker--he was a man that that experienced first hand the agony and ecstasy of financial markets. §Lee Munson CFA, CFP ®, Chief Investment Officer, Portfolio, LLC §"John Wasik does a fantastic job of linking economist John Maynard Keynes s economic thoughts to the decisions he made handling wealth on a day-to-day basis. Keynes Way to Wealth elucidates how Keynes thought about money in the most real way of all and offers valuable incites into his evolution as a writer, economist and investor."§Helaine Olen, author of Pound Foolish: Exposing the Dark Side of the Personal Finance Industry §"John Wasik does it again! Keynes s Ways to Wealth gives new insights into how the world s most famous economist invested."§Tom Lydon, publisher, ETF Trends §"John Wasik surprises us with the story of a money manager and unexpected capitalist: John Maynard Keynes."§Susan Antilla, financial writer and author of Tales From the Boom-Boom Room: The Landmark Legal Battles that Exposed Wall Street's Shocking Culture of Sexual Harassment §"With the possible exception of Mark Twain, no one surpasses John Maynard Keynes as a source of pithy financial wisdom and sayings. Keynes's Way to Wealth [is] a bounty that will simultaneously edify, entertain, and augment your bottom line."§William J. Bernstein, author and principal, Efficient Frontier Advisors §"Wasik reveals a Keynes we don't know. He was a man who through trial and error and, as Wasik says, "a lot of gumption" devised a sensible