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
Endure and renounce.
-- Epictetus
Fire tests gold; adversity tests strong people.
-- Seneca
Bodily pain does not last without limit; intense pain is brief in duration.
-- Epicurus
If you carve without ceasing, even metal and stone can be engraved.
-- Xunzi
He who has a why to live can bear almost any how.
-- Friedrich Nietzsche
By failing to prepare, you are preparing to fail.
-- Benjamin Franklin