Take the following as truth: Keynes writes, The actual, private object of the most skilled investment today is to 'beat the gun,' as the Americans so well express it, to outwit the crowd, and to pass the bad, or depreciating, half-crown to the other fellow.
Then the following statement: "Some people say that modern investment is partly an ego boosting exercise." is true, false, or inconclusive?
Answer: True