Jeremy Grantham on Investing in Green Tech | Conversations with Tyler
Вставка
- Опубліковано 29 лис 2022
- When it comes to fighting climate change Jeremy Grantham is optimistic about technology - but worried about timing. Known widely for his acuity in identifying bubbles, the British investor contends that the one created by our dependence on fossil fuels is about to pop. He’s on a mission to make green energy cheaper, faster and is well on his way. After a lifetime spent thinking about resources, he’s using his to power the development of green technology. The Grantham Foundation has invested into 45 early-stage green projects, such as improving the efficiency of lithium extraction.
He joined Tyler to discuss the most binding constraint on the green transition, why we need an alternative to lithium, the important message sent by Biden’s Inflation Reduction Act, the marginal cost basis of green energy, the topsoil crisis in the Midwest, why estimates of the cost of global warming vastly underestimate its effects, why he distrusts economists, the overpricing concentrated in the US stock market, the consequences of Brexit, the revolutionary tactics of Margaret Thatcher, how his grandparents shaped his worldview, why he’s optimistic about American venture capital, the secret to Boston’s success in asset management, how COVID changed his media diet, the political difficulty of passing carbon taxes, and more.
Recorded September 1st, 2022
Transcript and links: conversationswithtyler.com/ep...
Checkout our merch store at mercatusmerch.com. Use the code UNDERRATED to save 10% at checkout: www.bonfire.com/store/mercatu...
Stay connected:
Follow us on Twitter, IG, and Facebook: @cowenconvos
/ cowenconvos
/ cowenconvos
/ cowenconvos
conversationswithtyler.com
mercatus.org
I recently made more purchases. Saving money for a market downturn is likewise a bad idea. There are numerous ways to look at recessions and depressions, we cannot always expect to make large returns, and taking chances is better than doing nothing. The bottom line is that you will achieve remarkable results by diversifying your portfolio and making wise decisions. My portfolio's raw earnings rose by $608k in just 5 months.
It's amazing to see AMC doing well after all the doomsday analyses from naysayers. The stock market is a device for transferring money from the impatient to the patient - warren buffet. It's good to remind people of this right now; you buy on fear and sell on greed or just hold through it all for the long term. It’s easy but lots of people forget.
Jeremy Grantham is fantastic. I thought he handled this blunt barrage of questions like a pro.
Kudos to Grantham for his stance on climate and environment. We are currently externalizing all these costs to our collective detriment. To get past this mentality as an investor takes a lot of brainpower. Grantham is one of the few investment gurus that can do this. In addition, he is one of the very few that sees the public interest in objective terms rather than in self-serving terms. I wish the interviewer had more knowledge of climate and environment…
Grantham is a living legend
great stuff. Grantham is terrific
What a delight to listen to Grantham, no bs
I was not familiar with the host at all prior to watching this video and would consider myself minimally familiar with Jeremy Grantham. I really enjoyed the diversity of questions offered by the host and much appreciated the multiple times Jeremy conceded with not knowing enough to answer. That's is something I seldom see in interviews and I found the humility refreshing. On the issue of marginal cost, my understanding of the case Jeremy was making was more as a function of energy than literally; i.e. initially to build out the broader infrastructure for renewable energy its is paid for via consumption of fossil fueled energy but eventually enough renewable energy infrastructure would exist that adding to it would be paid with only energy from that system. In other words as more and more renewable energy is added to that infrastructure the fossil fueled energy share required would be approaching 0 over time.
25:37
19:47
The questioning seemed almost aggressive
When was this recorded?
I didn’t know that Ferengi were so concerned about earth’s atmosphere.
Grantham's right re Na replacing Li. However he's not factoring in 100% lithium recycling.
Jeremy said we need to 'engineer around bottlenecks'. Agreed. Curious.. would 3D printing suffice at any point? In essence.. why order out for a widget and wait through bottlenecks, when you can make (print) it at home now?
Did he just say the marginal cost of wind and solar are nil after they are built. Does he think that solar panels and wind mills last forever?
Does the host even smile? Why did Jeremy choose this host of all people
He's quite the schemer, but this was interesting.
All you Tyler folks PLEASE mark this video… you don’t have to believe it now but PLEASE just mark it, remember it and come back to it in the future
Meanwhile in the Congo slaves are digging the earth barefoot, barehanded to get the lithium out of soil.