You don't get rewarded for taking risk; you get rewarded for buying cheap assets. And if the assets you bought got pushed up in price simply because they were risky, then you are not going to be rewarded for taking… — Jeremy Grantham Copy Share Image
We used to live in a world where the price of resources came down steadily, and now the world has changed. You have a great mismatch between finite resources and exponential population growth. — 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 Image
The stock market is overpriced. Everything is overpriced. Junk is king. — Jeremy Grantham Copy Share Image
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 Image
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 Image
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 Image
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 Image
By background I'm both a Quaker and a Yorkshireman, which I like to call double jeopardy. — Jeremy Grantham Copy Share Image
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 Image
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 Image
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 Image
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 Image
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 Image
