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" Keynes used the beauty contest as a metaphor for the stock market, where each investor wants to buy the stocks that will rise in price, which means the stocks that investors, in general, think will appreciate. "

Avinash K. Dixit , The Art of Strategy: A Game Theorist's Guide to Success in Business and Life


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Avinash K. Dixit quote : Keynes used the beauty contest as a metaphor for the stock market, where each investor wants to buy the stocks that will rise in price, which means the stocks that investors, in general, think will appreciate.