” If you’re saying something that people don’t want to hear or accept, a significant proportion of them will reply with hostility. Not because they know the facts, or because they have researched it themselves, but because they’re so psychologically involved in believing good news that they will oppose it with a reflex. “
” 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. “
” You can’t run the economy on BMWs alone. If the average person is in a pickle, how do you have a healthy economy? “
” 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. “
” We used to live in a world where the price of resources came down steadily, and now the world has changed. You have a great mismatch between finite resources and exponential population growth. “
All 6 Jeremy Grantham Quotes about You in picture
Topics: You quotes