Investing Quote by James Grant
“In general, markets know more than the people who write about them.”
About This Quote
Source Book: The Great Reversal, 2015
Markets aggregate information that often surpasses individual analysts’ insights.
In simple terms: Markets know more.
Trust market signals.
Themes
Mood
Type
When to use this quote
- investment decisions
- policy analysis
- risk assessment
Key Concepts
Questions to Reflect On
- When have markets misled you?
- How do you verify market signals?
Markets can be irrational or manipulated.