Kyle Grieve discusses the investing evolution of John Maynard Keynes and the timeless lessons modern investors can draw from his successes and failures. What you'll learn here: 00:00:00 - Intro 00:00:59 - Why John Maynard Keynes is such a fascinating case study in evolving as an investor 00:05:36 - A key resource that helped him think of assets from a bottom-up approach 00:07:53 - Why Keynes's experiences of going broke multiple times helped shape him into a long-term thinker 00:13:59 - How he thought about speculation and investing, and used that to beat the market 00:20:46 - How he improved his temperament, overcame overconfidence, and adopted a long-term mindset 00:31:04 - His thoughts on diversification and why he believed deep knowledge was crucial to reducing risk 00:36:14 - Why he believed that markets were social systems, and the errors that exposed investors to 00:40:49 - What he thought about short-term volatility, and how he dealt with it through his career 00:51:30 - Why Keynes used adaptability as such a powerful tool 00:54:02 - Six impactful takeaways from my research on Keynes Transcript & Guest Info: https://www.theinvestorspodcast.com/episodes/keynes-and-the-markets-w-kyle-grieve/ 🤝 Network with like-minded value investors and get new stock ideas by joining the TIP Mastermind Community. https://www.theinvestorspodcast.com/mastermind/ 💎 Explore a new business weekly and decide if it deserves a spot in your portfolio. https://www.theinvestorspodcast.com/intrinsic-value-podcast/ ▶️ Related Episodes: - ⁠⁠Mastering the Markets & Weathering Market Drawdowns w/ Andrew Brenton: https://youtu.be/ikdoOTPnw-U - History's Biggest Market Bubbles w/ Clay Finck: https://youtu.be/q_SHLDeNk-w 📖 Book Mentioned: - ⁠⁠Keynes and the Market⁠⁠ by Justyn Walsh: https://amzn.to/40wHXpM - ⁠⁠Concentrated Investing⁠⁠ by Allen Benello, Michael van Biema, and Tobias Carlisle: https://amzn.to/3N55M4W Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP Visit our website: https://www.theinvestorspodcast.com/we-study-billionaires/ Free PDF: Investing for Beginners: 4 Principles of Stock-Picking: https://www.theinvestorspodcast.com/subscribe-youtube/ ⚠️ Disclaimer: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting. #JohnMaynardKeynes #ValueInvesting #LongTermInvesting #InvestorPsychology #IntrinsicValue