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Jeremy Grantham Quotes: You can't run the economy on BMWs alone. If the average person is in a pickle, how do you have a healthy economy?
         

You can't run the economy on BMWs alone. If the average person is in a pickle, how do you have a healthy economy?


Jeremy Grantham
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Other quotes of Jeremy Grantham


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

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



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

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



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 impossible for professionals.

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 impossible for professionals.



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.

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.



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

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



Volatility is a symptom that people have no idea of the underlying value.

Volatility is a symptom that people have no idea of the underlying value.



Battering down solar cells on the roofs of Wal-Marts in California. I think that will be some of the highest-return investments that anyone ever makes.

Battering down solar cells on the roofs of Wal-Marts in California. I think that will be some of the highest-return investments that anyone ever makes.



By background I'm both a Quaker and a Yorkshireman, which I like to call double jeopardy.

By background I'm both a Quaker and a Yorkshireman, which I like to call double jeopardy.



The pure administration of Graham-and-Doddery really needs a long-term lock-up like Warren Buffett has, or it will have occasional quite dreadful client problems.

The pure administration of Graham-and-Doddery really needs a long-term lock-up like Warren Buffett has, or it will have occasional quite dreadful client problems.



Modern agriculture has been accurately described as a way of turning oil into food. As the price of oil continues to rise, so will the price of food.

Modern agriculture has been accurately described as a way of turning oil into food. As the price of oil continues to rise, so will the price of food.





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We must have the stubbornness to accept our gladness in the ruthless furnace of this world.

We must have the stubbornness to accept our gladness in the ruthless furnace of this world.



No, I don't miss you... Not in a way that one is missed.But I think of you. Sometimes.In the way that one might think of the summer sunshineOn a winter night...

No, I don't miss you... Not in a way that one is missed.But I think of you. Sometimes.In the way that one might think of the summer sunshineOn a winter night...



Dreams sometimes foretell the future.

Dreams sometimes foretell the future.



I really know so little about recording, and I'm learning as I go.

I really know so little about recording, and I'm learning as I go.



If one writes the rules then one can contradict oneself. It's all about rhetoric, about official narratives.

If one writes the rules then one can contradict oneself. It's all about rhetoric, about official narratives.



Fans want you to be something super-human, something that's impossible for any human being to be.

Fans want you to be something super-human, something that's impossible for any human being to be.



If someone wants to give you, like, $100 million, it's hard to say no. But I don't want to accept that kind of money right now. I'd feel burdened by it.

If someone wants to give you, like, $100 million, it's hard to say no. But I don't want to accept that kind of money right now. I'd feel burdened by it.



There's a lot of evidence in evolutionary sciences that show that altruism and acting in ways that are empathetic to others are actually beneficial on an evolutionary basis.

There's a lot of evidence in evolutionary sciences that show that altruism and acting in ways that are empathetic to others are actually beneficial on an evolutionary basis.



I like to get where the cabbage is cooking and catch the scents.

I like to get where the cabbage is cooking and catch the scents.



There is a government within the government who controll this and i do not controll it

There is a government within the government who controll this and i do not controll it




Quote Description


This page presents the quote "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 of this quote is Jeremy Grantham. This quote is about economy, average, average person, running, bmw, healthy,.