There is no single theory that is used in economics that considers the finite nature of resources. It's shocking.

- Jeremy Grantham

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 …

- Jeremy Grantham

Although value is a weak force in any single year, it becomes a monster over several years. Like gravity, it slowly wears down the opposition.

- Jeremy Grantham

Remember that history always repeats itself. Every great bubble in history has broken. There are no exceptions.

- Jeremy Grantham

Investment bubbles and high animal spirits do not materialize out of thin air. They need extremely favorable economic fundamentals together with free…

- Jeremy Grantham

The individual is far better-positioned to wait patiently for the right pitch while paying no regard to what others are doing, which is almost imposs…

- Jeremy Grantham

I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional.

- Jeremy Grantham

Market timing, by the way, is a tag some buy-and-hold investors use to put down anything that involves using your brain. These are the same people wh…

- Jeremy Grantham

I believe the only things that really matter in investing are the bubbles and the busts

- Jeremy Grantham