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VERIFIEDET Markets·neutral
Quote of the day by John Maynard Keynes: "Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation"
AI Summary
- ·John Maynard Keynes' quote discusses the dual nature of speculation in markets.
- ·Healthy speculation can support enterprise, but excessive speculation poses risks.
- ·Modern markets face risks from AI and cryptocurrencies potentially overshadowing fundamentals.