Jeremy Grantham Quotes & Sayings (Page 4)

“The only investable idea I have real confidence in is farming and forestry. My family owns some forest, and now we're closing on a farm. Make the farming more sustainable and the forestry more sustainable, and everyone benefits.”

“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.”

“At least us old men remember what a real bear market is like, and the young men haven't got a clue.”

“By background I'm both a Quaker and a Yorkshireman, which I like to call double jeopardy.”

“Equities are boring; bonds are disgusting.”

“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.”

“We live on a finite planet. We have finite resources, and we're running out of good, arable land.”

“I don't mind the government accruing debts as long as every dollar is spent effectively with a high return. That works out fine. If you accumulate debts and waste your money, that's, of course, a disaster.”

“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.”

“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.”