Lessons from Investor/Thinker/Doer Jeremy Grantham
Every once in a while, a book comes along that perfectly exemplifies what this newsletter tries to encourage: the idea that each of us can make a real difference if we’re smart and strategic in how we go about it.
Jeremy Grantham’s new memoir, The Making of a Permabear, is one of those books.
You may know Jeremy as one of the world’s most successful investors. He’s the co-founder of GMO and famous for identifying market bubbles long before it was fashionable to do so. But I’ve also known him as something else: a fearless, fact-based environmental advocate who draws on the same analytical discipline that made him so successful in finance. He is also one of the smartest and most effective ever donors to NGOs.
**Disclosure: Jeremy is my friend. We served together on the board of The Nature Conservancy, and we are co-founding board members of the NGO SPUN.**
Jeremy’s new book is part memoir, part guidebook, and part inspiration. It’s also funny, plainspoken, and full of wisdom. Jeremy always “calls them the way he sees them.” He is very blunt and always entertaining.
Here are a few lessons that stood out to me, and that might help you think about your own path to impact.