Jeremy Grantham Quotes
There is no single theory that is used in economics that considers the finite nature of resources. It's shocking.
Grantham, Jeremy. "Time to Wake Up: Days of Abundant Resources and Falling Prices Are Over Forever." GMO Quarterly Letter, GMO LLC, Apr. 2011.
This was a common refrain by 2005, but this was written 80 years before that. Few had this prescient vision.
Robert Jeremy Goltho Grantham CBE is a British investor and co-founder and chief investment strategist of Grantham, Mayo, & van Otterloo (GMO), a Boston-based asset management firm. GMO had more than US$118 billion in assets under management as of March 2015. He has been a vocal critic of various governmental responses to the Global Financial Crisis from 2007 to 2010. Grantham started one of the world's first index funds in the early 1970s.