OK, trivia question: who was the better trader, Charlie Chaplin, the comedian, or J.M. Keynes, the economist?
Well judging by the fact, that Chaplin sold all his stocks in January 1929 (after he read a book citing joblessness as a critical barometer of economic activity) compared to Keynes taking a massive hit during the year, I have to vote for Charlie.
Sure, Keynes made a nice recovery after the Crash, but still, he as an economist couldn't forecast what could be seen with a little education and common sense.
Always trust your local comedian vs. the economy prof...
Well judging by the fact, that Chaplin sold all his stocks in January 1929 (after he read a book citing joblessness as a critical barometer of economic activity) compared to Keynes taking a massive hit during the year, I have to vote for Charlie.
Sure, Keynes made a nice recovery after the Crash, but still, he as an economist couldn't forecast what could be seen with a little education and common sense.
Always trust your local comedian vs. the economy prof...
