Jeremy Grantham

“The engine room who worked for them, the guys doing the analysis, doing the work, all believed in data that guaranteed a major bare market, which happened. But the people who employed them or represented them from a marketing point of view were on the podium with me saying, 'Oh, Jeremy, Jeremy, don't get excited. We'll muddle through quite nicely.' It was a huge betrayal of trust, if you wanted to put it that way.”

“The decline rate this year is 2 and a half percent a year. You don't have to be mathematically that literate to realize that a 2.5% decline in your sperm count every year is a disastrous level, a nonsustainable level.”

“You will not receive the advice from investment advisors to get your tail out of the market ever. It is not good business for them to do that and they will not ever say it to you.”

“SpaceX is such a fabulous BS story, mining asteroids. Huge, incredible success of AI. It's the classic description of a market peak.”

“I think um it will fail to deliver anything like its promises in the prospectus. Yes, absolutely.”

“You know, one of the scary things about SpaceX is you should wish that it not work out”