Capitalism does millions of things better than the alternatives. It balances supply and demand in an elegant way that central planning has never come close to. Jeremy Grantham alternativebalancecapitalism Change image and share on social
I think the Fed is not designed to have effective tools to deal with the economy. It should settle for just controlling the money supply. And - if it insists, it can worry about inflation. Jeremy Grantham controldealdesign Change image and share on social
At least us old men remember what a real bear market is like, and the young men haven't got a clue. Jeremy Grantham bearclueman Change image and share on social
I think I'm right-brained, incapable of managing my way out of a brown paper bag. Jeremy Grantham bagbrainbrown Change image and share on social
The stock market is overpriced. Everything is overpriced. Junk is king. Jeremy Grantham junkkingmarket Change image and share on social
If you're afraid of inflation, I think - and if you can bring yourself to have a long horizon - and when I say long, I mean ten to 20 years, not the usual ten to 20 weeks - that locking up resources in the ground is a terrific idea. Jeremy Grantham afraidbringgrind share on social
Battering down solar cells on the roofs of Wal-Marts in California. I think that will be some of the highest-return investments that anyone ever makes. Jeremy Grantham battercaliforniacell Change image and share on social
I consider most of the talent in the financial world to be suboptimal. It could be better placed earning its living in the real world. Jeremy Grantham earnfinanciallive Change image and share on social
I have an eccentric view on commodities not necessarily shared by my colleagues - or by almost anybody. And that is, we're running out of everything. Jeremy Grantham colleaguecommodityeccentric Change image and share on social
One day we will have more inflation, and our bonds will bleed like a pig. The only reason for buying long bonds is short-term or as a desperate haven for terrorized investors. But the potential to make longer-term real money is naught. Jeremy Grantham bleedbondbuy share on social