We live on a finite planet. We have finite resources, and we're running out of good, arable land.
Jeremy GranthamThink how weird profit margins are: We've got high unemployment and financial crises - and world record profit margins. People think the American market is very cheap. We don't. The market quite incorrectly gives full credit to today's earnings.
Jeremy GranthamI would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional.
Jeremy Grantham