The market can stay irrational longer than you can stay solvent.

Investors
Jeremy Grantham
Born in 1938 in Britain, Jeremy Grantham co-founded GMO, a Boston-based asset management firm, and served as its chief investment strategist. His advance warnings of every major bubble — the 2000 dot-com crash, the 2008 housing bust — earned him the title 'bubble-prediction guru.' He also launched one of the earliest index funds in the 1970s, making him a contrarian intellectual investor of rare prescience.
View this figure's profile
Jeremy Grantham's Other Quotes
Related Quotes
Our time horizon is five years. We are not focused on the next quarter.
-- Cathie Wood
Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.
-- Jack Ma
In this business, if you're good, you're right six times out of ten. You're never going to be right nine times out of ten.
-- Peter Lynch
The key to making money in stocks is not to get scared out of them.
-- Peter Lynch
Being too far ahead of your time is indistinguishable from being wrong.
-- Howard Marks
You can't predict. You can prepare.
-- Howard Marks