Markets have not become more efficient over time; in fact, the spectacular inefficiencies and bubbles in meme stocks—rising 6x in a year—may be worse now than historically.
factualpending
Speaker
Jeremy GranthamEvidence Quote
“the magnificent inefficiencies, the bubbles...if anything a little worse than they ever were”
Source
Jeremy Grantham: Lessons from 60 Legendary Years of Investing— The Master Investor Podcast with Wilfred FrostCreated: 8/12/2026, 6:39:12 PM
My Notes
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