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Forbes: Why currency trading is a bad idea: Keynes

John Maynard Keynes struggled as a foreign-exchange trader, finds the first detailed study of the famous economist as currency speculator. “If someone as economically literate and well-connected as Keynes found it difficult to time currencies, then the rest of us should think twice before believing we can do any better,” says co-author David Chambers, Reader in Finance and an Academic Director of the Newton Centre for Endowment Asset Management (CEAM) at Cambridge Judge Business School.

Read the full article [forbes.com]