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Old Wall Street Wisdom Still Works

John Maynard Keynes often said, "the market can stay irrational for longer than you can stay solvent." He was onto something.

As you likely know, Keynes is a celebrated British economist who was quite influential in the first half of the 20th century.

He became famous for his belief that governments should have an active role in the economy rather than let the free markets run themselves, which had been the popular view up until that time.

As you can imagine the Fast Money traders have all been influenced by Keynes to a greater or lesser degree. Find out what they have to say. Watch the video now!



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Trader disclosure: On May 12th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (PCLN),(GS), (WFC), (AGU), (NFLX), (TGT), (WFC), (AMZN), (SDS); Finerman's Firm Owns (BAC) Preferred; Finerman;s FIrm Is Short (BAC), (MSFT), (PBR), (RIG), (UNH); Seymour Owns (AAPL), (BAC), (BX), (EEM), (FXI), (PBR), (POT), (TSL); Najarian Owns (AMD) Calls; Najarian Owns (BX) Calls; Najarian Owns (CROX) Calls; Najarian Owns (F) & (F) Calls; Najarian Owns (INTC) Call Spread; Najarian Owns (MS) & (MS) Calls; Najarian Owns (MOS) Call Spread; Najarian Owns (PALM) & (PALM) Calls; Najarian OWns (XHB) Call Spread; Najarian Owns (XLB) Call Spread; Najarian Owns (XLU) Calls