Compound Growth
"No Compound Growth is Sustainable"
"The fact is that no compound growth is sustainable. If we maintain our desperate focus on growth, we will run out of everything and crash. We must substitute qualitative growth for quantitative growth." - Jeremy Grantham, GMO Quarterly Letter
"No Compound Growth is Sustainable"
Submitted by John Fullerton on Sun, 05/01/2011 - 9:34pm
Author:
John Fullerton "The fact is that no compound growth is sustainable. If we maintain our desperate focus on growth, we will run out of everything and crash. We must substitute qualitative growth for quantitative growth." - Jeremy Grantham, GMO Quarterly Letter
