"Ridiculous as our market volatility might seem to……" — Jeremy Grantham

Ridiculous as our market volatility might seem to an intelligent Martian, it… - Jeremy Grantham
"Ridiculous as our market volatility might seem to an intelligent Martian, it is our reality and everyone loves to trot out the 'quote' attributed to Keynes (but never documented): 'The market can stay irrational longer than the investor can stay solvent.' For us agents, he might better have said 'The market can stay irrational longer than the client can stay patient.'"

Jeremy Grantham

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