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… — Jeremy Grantham Copy Share Image
The investment business has taught me – increasingly as the years have passed – that people, especially investors (and, I believe, Americans), prefer good… — Jeremy Grantham Copy Share
Some societies are also more optimistic than others: the U.S. and Australia are my two picks Tell a European you think there’s a housing… — Jeremy Grantham Copy Share
The potential for alternative energy sources, mainly solar and wind power, to completely replace coal and gas for utility generation globally is, I think,… — Jeremy Grantham Copy Share
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… — Jeremy Grantham Copy Share
When it comes to portfolios, my personal advice is for anyone who can, put money into forestry or farmland. Long term, you would probably… — Jeremy Grantham Copy Share
By background I'm both a Quaker and a Yorkshireman, which I like to call double jeopardy. — Jeremy Grantham Copy Share
Volatility is a symptom that people have no idea of the underlying value-that they have stopped playing the asset game. They're not buying because… — Jeremy Grantham Copy Share
Libertarians believe that any government interference is bad. Anyone with a brain knows that climate change needs governmental leadership, and they can smell this… — Jeremy Grantham Copy Share
Think how weird profit margins are: We've got high unemployment and financial crises - and world record profit margins. People think the American market… — Jeremy Grantham Copy Share
Bubbles have quite a few things in common, but housing bubbles have a spectacular thing in common, and that is every one of them… — Jeremy Grantham Copy Share
Modern agriculture has been accurately described as a way of turning oil into food. As the price of oil continues to rise, so will… — Jeremy Grantham Copy Share
The individual is far better-positioned to wait patiently for the right pitch while paying no regard to what others are doing, which is almost… — Jeremy Grantham Copy Share
Ridiculous as our market volatility might seem to an intelligent Martian, it is our reality and everyone loves to trot out the 'quote' attributed… — Jeremy Grantham Copy Share
We live on a finite planet. We have finite resources, and we're running out of good, arable land. — Jeremy Grantham Copy Share
