I don't mind the government accruing debts as long... - Jeremy Grantham Quotes
Jeremy Grantham is a British investor and co-founder and chief investment strategist of Grantham Mayo van Otterloo , a Boston-based asset management firm. GMO is one of the largest managers of such funds in the world, having more than US $112 billion in assets under management as of September 2013. Grantham is regarded as a highly knowledgeable investor in various stock, bond, and commodity markets, and is particularly noted for his prediction of various bubbles. He has been a vocal critic of various governmental responses to the Global Financial Crisis. Grantham started one of the world's first index funds in the early 1970s.
I don't mind the government accruing debts as long as every dollar is spent effectively with a high return. That works out fine. If you accumulate debts and waste your money, that's, of course, a disaster.
Jeremy Grantham is a British investor and co-founder and chief investment strategist of Grantham Mayo van Otterloo , a Boston-based asset management firm. GMO is one of the largest managers of such funds in the world, having more than US $112 billion in assets under management as of September 2013. Grantham is regarded as a highly knowledgeable investor in various stock, bond, and commodity markets, and is particularly noted for his prediction of various bubbles. He has been a vocal critic of various governmental responses to the Global Financial Crisis. Grantham started one of the world's first index funds in the early 1970s....