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
I like to be right. I try not to miss the big ideas, forget the little ones, and try to get them right. End of job description. Jeremy Grantham bigdescriptionend Change image and share on social
The market is incredibly inefficient and capable on rare occasions of being utterly dysfunctional. And people have a really hard time getting their brain around that fact. They want to believe that it's approximately efficient almost all the time, and it simply isn't true. Jeremy Grantham approximatelybraincapable share on social
Equities are boring; bonds are disgusting. Jeremy Grantham bondboredisgust 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
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
I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional. Jeremy Grantham capablecompletelydysfunctional Change image and share on social
Bubbles have quite a few things in common, but housing bubbles have a spectacular thing in common, and that is every one of them is considered unique and different. Jeremy Grantham bubblecommonconsider 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
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
