Broken Quote by Jeremy Grantham
“Remember that history always repeats itself. Every great bubble in history has broken. There are no exceptions.”
About This Quote
History repeats cycles of speculative bubbles that inevitably burst, showing no exceptions.
In simple terms: History repeats and bubbles always burst.
Expect and prepare for market cycles.
Themes
Mood
Type
When to use this quote
- investment
- policy making
- education
- personal finance
Key Concepts
Questions to Reflect On
- How can you protect assets during bubbles?
- What lessons can be learned from past crashes?
Predicting exact timing is impossible.