“The investment business has taught me – increasingly as the years have passed – that people, especially investors (and, I believe, Americans), prefer good news and wishful thinking to bad news; and that there are always vested interests to offer facile, optimistic alternatives to the bad news.”
Quote by Jeremy Grantham
Author
Jeremy Grantham
Jeremy Grantham is a renowned investor and environmentalist. He founded Grantham Mayo Van Otterloo & Co. (GMO) in 1977, a global asset management firm. He is known for his advocacy of sustainable investing and profound insights into market trends. more
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