Skip to Content
US Videos

Grantham, Part 4

This video is part four of five from GMO's Jeremy Grantham's address at the 2018 Morningstar Investment Conference. You can also watch parts one, two, three, and five.

Jeremy Grantham: Climate change, population pressure, and toxicity: the threat to biodiversity. We are as you probably know by now the sixth great extinction, the rest were caused by meteorites and great shifts in the climate caused by the sun. This one is caused by us, we the people. Toxicity effects humans, also. In the developed world, over 50% loss of sperm count and no one is concerned. This is a meta study of 200 individual studies, it's hard to imagine how they could get that wrong. In China, coming from way behind us, they have a 25% loss in the last 15 years. Will we worry at 75%? How about 87%? This very well may be why the fertility rate of the Western world is dropping. Older age of marriage and less effective.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.