What three of the best economists in history can teach you about investing

Let me tell you the story about three economists from history. These three men stand out as having the distinction of writing erudite works on economic theories while also amassing a fortune (and for some then losing it). Each of them has their own lessons in how to be a great investor, and why some but not all economists fail at investing.

1. David Ricardo

When David Ricardo started out in business at the age of 21, his property base amounted to £800. By the time he died in 1823, a…