Jeremy Grantham Quotes

Investment bubbles and high animal spirits do not materialize out of thin air. They need extremely favorable economic fundamentals together with free and easy, cheap credit, and they need it for at least two or three years. Importantly, they also need serial pleasant surprises in such critical variables as global GNP growth.

Jeremy Grantham

Recitation: by Male by Female

Author Biography

Copyright © 2024 QuotesDict Quote by Jeremy Grantham