Phrase by 'Jeremy Grantham'
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We live on a finite planet. We have finite resources, and we're running out of good, arable land.
Author: Jeremy Grantham - British BusinessmanLive , Good , Land , Out
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 who like to watch the locomotive coming and get run down in the name of discipline.
Author: Jeremy Grantham - British BusinessmanPeople , Down , Brain , Discipline
At least us old men remember what a real bear market is like, and the young men haven't got a clue.
Author: Jeremy Grantham - British BusinessmanRemember , Men , Real , Young
You can't run the economy on BMWs alone. If the average person is in a pickle, how do you have a healthy economy?
Author: Jeremy Grantham - British BusinessmanYou , Run , Person , Alone
One day we will have more inflation, and our bonds will bleed like a pig. The only reason for buying long bonds is short-term or as a desperate haven for terrorized investors. But the potential to make longer-term real money is naught.
Author: Jeremy Grantham - British BusinessmanDay , Long , Money , Will
As a professional, you can afford to pick some stocks and be wrong about a few of them. To keep your job, you cannot take the risk of being seen to be wrong about the 'big picture' for very long.
Author: Jeremy Grantham - British BusinessmanYou , Long , Job , Picture