The Successes & Failures Of Keynes The Investor
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Keynes was an active investor in stocks, currencies, commodities and art throughout his adult life both for himself and his Cambridge college. In my talk, I review both his major achievements and his difficulties. He made a lot of money in stocks but at the same time floated an investment trust that subsequently failed. I also look at how his investing experiences informed his economic writing, in particular chapter twelve of The General Theory.
David Chambers is the Invesco Professor in Financial History and Co-Director of the Centre for Endowment Asset Management at Judge Business School, Cambridge University, a Research Fellow of the CEPR and a Fellow of Clare College, Cambridge. His research has been published in leading academic journals in financial economics and in economic history and has been covered by Bloomberg, The Economist, Financial Times, Nikkei and Wall Street Journal.
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