The stock market is overpriced. Everything is overpriced. Junk is king. — Jeremy Grantham Customer Copy Share Image
It is better to be lucky than good, but of course appropriate to aspire to both. — Jeremy Grantham Appropriate Copy Share Image
I think I'm right-brained, incapable of managing my way out of a brown paper bag. — Jeremy Grantham Bags Copy Share Image
Volatility is a symptom that people have no idea of the underlying value. — Jeremy Grantham Customer Copy Share Image
I have an eccentric view on commodities not necessarily shared by my colleagues - or by almost anybody. And that is, we're… — Jeremy Grantham Almost 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,… — Jeremy Grantham Agriculture Copy Share Image
The pure administration of Graham-and-Doddery really needs a long-term lock-up like Warren Buffett has, or it will have occasional quite dreadful client… — Jeremy Grantham Administration Copy Share Image
By background I'm both a Quaker and a Yorkshireman, which I like to call double jeopardy. — Jeremy Grantham Backgrounds Copy Share Image
Capitalism believes that its remit is exclusively to make maximum short-term profits. — Jeremy Grantham Believe Copy Share Image
If stocks are attractive and you don't buy, you don't just look like an idiot, you are an idiot. — Jeremy Grantham Attractive 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… — Jeremy Grantham Anyone Copy Share Image
There is no single theory that is used in economics that considers the finite nature of resources. It's shocking. — Jeremy Grantham Considers Copy Share Image
Investment bubbles and high animal spirits do not materialize out of thin air. They need extremely favorable economic fundamentals together with free… — Jeremy Grantham Air Copy Share Image
There is a lot of pain still to be had in the equity markets, particularly aimed at the risky end of the… — Jeremy Grantham Customer 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,… — Jeremy Grantham Alternative energy Copy Share Image
I find the parallels between how some investors refuse to recognise the trends and our reaction to some of our environmental challenges… — Jeremy Grantham Challenges Copy Share Image
One day we will have more inflation, and our bonds will bleed like a pig. The only reason for buying long bonds… — Jeremy Grantham Bleed Copy Share Image
The investment business has taught me – increasingly as the years have passed – that people, especially investors (and, I believe, Americans),… — Jeremy Grantham Alternatives 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… — Jeremy Grantham Any Copy Share Image
Market timing, by the way, is a tag some buy-and-hold investors use to put down anything that involves using your brain. These… — Jeremy Grantham Brain 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… — Jeremy Grantham Assets Copy Share Image
...how little our side of the industry did to move its business to the more ethical firms and to make a fuss… — Jeremy Grantham Behavior Copy Share Image
You don't actually find a strong correlation between- top-line GDP growth and making money in the market. It- it seems like you… — Jeremy Grantham Believe Copy Share Image
Everyone asks about gold. This is the irony: just as Jim Grant tells us (correctly) that we all have faith-based paper currencies… — Jeremy Grantham Asks Copy Share Image
Ridiculous as our market volatility might seem to an intelligent Martian, it is our reality and everyone loves to trot out the… — Jeremy Grantham Agents 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… — Jeremy Grantham Bubbles Copy Share Image
Remember that history always repeats itself. Every great bubble in history has broken. There are no exceptions. — Jeremy Grantham Broken Copy Share Image
I consider most of the talent in the financial world to be suboptimal. It could be better placed earning its living in… — Jeremy Grantham Better Copy Share Image
You can't run the economy on BMWs alone. If the average person is in a pickle, how do you have a healthy… — Jeremy Grantham Average Copy Share Image
Capitalism does millions of things better than the alternatives. It balances supply and demand in an elegant way that central planning has… — Jeremy Grantham Alternatives Copy Share Image
Although value is a weak force in any single year, it becomes a monster over several years. Like gravity, it slowly wears… — Jeremy Grantham Force Copy Share Image
“The fall of moral civilization has always been brought about by those who were "just doing their jobs".” — Jeremy Grantham Character Copy Share Image
We live on a finite planet. We have finite resources, and we're running out of good, arable land. — Jeremy Grantham Finite Copy Share Image
I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional. — Jeremy Grantham Capable Copy Share Image
I believe the only things that really matter in investing are the bubbles and the busts — Jeremy Grantham Believe Copy Share Image
At least us old men remember what a real bear market is like, and the young men haven't got a clue. — Jeremy Grantham Bears Copy Share Image
I like to be right. I try not to miss the big ideas, forget the little ones, and try to get them… — Jeremy Grantham Big idea 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… — Jeremy Grantham Advice Copy Share Image
We could solve all our problems if only we were the efficient, rational human beings of standard economic theory and had politicians… — Jeremy Grantham Beings Copy Share Image