I find the parallels between how some investors refuse to recognise the trends and our reaction to some of our environmental challenges very powerful. There is an unwillingness to process unpleasant data. Jeremy Grantham challengedatumenvironmental share on social
We could solve all our problems if only we were the efficient, rational human beings of standard economic theory and had politicians willing to think in the long-term interest of their people rather than their own. Jeremy Grantham beingeconomicefficient share on social
If you're saying something that people don't want to hear or accept, a significant proportion of them will reply with hostility. Not because they know the facts, or because they have researched it themselves, but because they're so psychologically involved in believing good news that they will oppose it with a reflex. Jeremy Grantham acceptbelievefact 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
Americans are just about the worst at dealing with long-term problems, down there with Uzbekistan, but they respond to a market signal better than almost anyone. They roll the dice bigger and quicker than most. Jeremy Grantham americanbadbig share on social
The stock market is overpriced. Everything is overpriced. Junk is king. Jeremy Grantham junkkingmarket Change image and share on social
Modern agriculture has been accurately described as a way of turning oil into food. As the price of oil continues to rise, so will the price of food. Jeremy Grantham accuratelyagriculturecontinue Change image and 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
If there's unemployment, having the government help reduce that unemployment, increase employment directly is a pretty good idea. It's not driving out competition; it's not crowding out. Jeremy Grantham competitioncrowddirectly Change image and share on social
There is no single theory that is used in economics that considers the finite nature of resources. It's shocking. Jeremy Grantham considereconomicsfinite Change image and share on social