“Major bubbles and busts are the only very important events in investing. The rest of the time, you show up for work, do a competent job, keep your nose clean, and everything works out okay because nothing much is happening. In a major bubble everything changes; stock picking fades into relative insignificance and asset and sector mix dominates completely.” —Jeremy Grantham
Links - 05/24/2023
Links - 05/24/2023
Links - 05/24/2023
“Major bubbles and busts are the only very important events in investing. The rest of the time, you show up for work, do a competent job, keep your nose clean, and everything works out okay because nothing much is happening. In a major bubble everything changes; stock picking fades into relative insignificance and asset and sector mix dominates completely.” —Jeremy Grantham