4 Jeremy Grantham Quotes about Long

” If you’re afraid of inflation, I think – and if you can bring yourself to have a long horizon – and when I say long, I mean ten to 20 years, not the usual ten to 20 weeks – that locking up resources in the ground is a terrific idea. “


” I don’t mind the government accruing debts as long as every dollar is spent effectively with a high return. That works out fine. If you accumulate debts and waste your money, that’s, of course, a disaster. “


” 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. “


” 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. “



All 4 Jeremy Grantham Quotes about Long in picture


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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.
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
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