Jeremy Grantham

speaker
906 appearances 3 recordings 2 series first heard Jun 2026 last heard 30 Jul

Jeremy Grantham’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
2 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 2.

Appearances

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Very difficult today, obviously.
I think I have to refuse to answer this on the grounds that it might tend to incriminate me.
Well, I have American children and grandchildren.
It holds out too much chance that the social contract is dissolving.
You know, the thing about Japan and my joking rule 21 in investing is never extrapolate from the Japanese.
They are extremely different in every way.
But one of the ways they're different is they have this amazing social contract.
The thing that really upsets the Japanese is if they're put in a position where they can't act in a socially responsible way.
When you say social contract, what does that mean?
It means an agreement that I will behave in a way that helps my neighbors and society, that I'm doing what people expect me to do.
I'm not going to misbehave.
I think the case here is that people are doing what they think is best for them and their family and screw everybody else, really.
When I arrived in America, corporations had this sense that they owed something to the community they operated in, the city they operated in.
They'd build the stadium.
They'd do this.
They'd be part of the community.
Now they're not.
They're all...
In a way, cold-blooded profit-maximizing international enterprises.
That your neighbors aren't as interested in you and your well-being.
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