Keynes managed his own portfolio and was the Buffett of his time

John Maynard Keynes is best known as the father of Keynesian economics, the philosophy behind the 1930s New Deal that helped pull America out of the Great Depression.

Read: Even among the rich, there’s a wealth gap

But he was also a money manager, and he was good at it, reports the New York Times.

He managed money for himself, friends, and a number of investment funds and insurance companies. He did so well he can be called the Warren Buffett of his times, writes his biographer.

Read more about his investment style here.

Also read: Tap high-yield assets as rates rise Are Gen X and Y too confident about finance?

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.