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
Equities are boring; bonds are disgusting. Jeremy Grantham bondboredisgust Change image and share on social
When it comes to portfolios, my personal advice is for anyone who can, put money into forestry or farmland. Long term, you would probably never come near their returns in the stock market. In the world that I see, land is golden. Jeremy Grantham advicefarmlandforestry share on social
Think how weird profit margins are: We've got high unemployment and financial crises - and world record profit margins. People think the American market is very cheap. We don't. The market quite incorrectly gives full credit to today's earnings. Jeremy Grantham americancheapcredit share on social
We live on a finite planet. We have finite resources, and we're running out of good, arable land. Jeremy Grantham arablefinitegood Change image and share on social
As a professional, you can afford to pick some stocks and be wrong about a few of them. To keep your job, you cannot take the risk of being seen to be wrong about the 'big picture' for very long. Jeremy Grantham affordbigjob Change image and share on social
By background I'm both a Quaker and a Yorkshireman, which I like to call double jeopardy. Jeremy Grantham backgroundcalldouble Change image and share on social
Remember that history always repeats itself. Every great bubble in history has broken. There are no exceptions. Jeremy Grantham breakbubbleexception Change image and share on social
Libertarians believe that any government interference is bad. Anyone with a brain knows that climate change needs governmental leadership, and they can smell this is bad news for their philosophy. Their ideology is so strongly held that, remarkably, it's overcoming the facts. Jeremy Grantham badbrainchange share on social
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