Remembering the Wisdom of Keynes and Twain
By Jason on Fri, 2007-06-08 20:42
(via www.controlledgreed.com)
John Maynard Keynes once stated that picking stocks is like a beauty contest where "it’s important to choose not who you think is the prettiest girl, but who the judges will think is the prettiest girl." And he also recalls Mark Twain famously saying, "History never repeats itself but it sometimes rhymes."
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Some excellent thoughts here in this short post from John Bethel. It's a feeling I'm sure many investors are familiar with.