Markets can remain irrational longer than you can remain solvent." - Meaning and context.">
As quoted in When Genius Failed (2000) by Roger Lowenstein, p. 123; actually "Markets can remain irrational a lot longer than you and I can remain solvent." from A. Gary Shilling, Forbes (1993) v. 151, iss. 4, p. 236; and again A. Gary Shilling in Semi information services seminar transcript, January 23 - 26, 1983: Newport Beach Marriott Hotel, Newport Beach, California p. 384 "... and the markets usually do anticipate recoveries. They've anticipated twelve of the last eight, I think. Of course, you need to keep in mind that the stock market can remain irrational a lot longer than you can remain solvent."

Markets can remain irrational longer than you can remain solvent.

— John Maynard Keynes

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Markets can remain irrational longer than you can remain solvent." in the context of "As quoted in When Genius Failed (2000) by Roger Lowenstein, p. 123; actually "Markets can remain irrational a lot longer than you and I can remain solvent." from A. Gary Shilling, Forbes (1993) v. 151, iss. 4, p. 236; and again A. Gary Shilling in Semi information services seminar transcript, January 23 - 26, 1983: Newport Beach Marriott Hotel, Newport Beach, California p. 384 "... and the markets usually do anticipate recoveries. They've anticipated twelve of the last eight, I think. Of course, you need to keep in mind that the stock market can remain irrational a lot longer than you can remain solvent."" to mean that wisdom is timeless.

Source: Wikiquote: "John Maynard Keynes" (Attributed) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
John Maynard Keynes

About John Maynard Keynes

John Maynard Keynes, 1st Baron Keynes of Tilton (5 June 1883 – 21 April 1946) was a British economist whose ideas, known as Keynesian economics, had a major impact on modern economic and political theory and on many governments' fiscal policies.