this post was submitted on 14 May 2025
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[–] [email protected] 39 points 1 day ago* (last edited 1 day ago)

'Markets can stay irrational longer than you can remain solvent.'

  • Some other hoity toity British Lord

Context

That quote is from Sir John Maynard Keynes, a seminal figure in 20th century economics.

Sir Isaac Newton, after independently inventing calculus, revolutionizing physics and astronomy... was actually the Master and Warden of the Royal Mint, and was thus essentially in charge of English monetary policy during the early 1700's.

Yes, Newton was in charge of the English Mint, the actual Master of Coin... when he made these investments pictured in the image.

https://en.wikipedia.org/wiki/Later_life_of_Isaac_Newton

[–] [email protected] 6 points 1 day ago

Nice to see Newton and I have one thing in common, and, let me tell ya, I don't know shit about astronomy.

[–] [email protected] 3 points 1 day ago

Did his friends actually exit or did they just believe they were rich?

[–] [email protected] 24 points 1 day ago

What comes up must go down!

[–] [email protected] 20 points 1 day ago (1 children)
[–] [email protected] 2 points 1 day ago

Gotta brag to someone.