OpusClip: Explore Agent Opus at https://agent.opus.pro/explore Monarch Money: Start your free trial and get 50% off your first year of total money clarity at https://monarchmoney.yt.link/QxOLEVx or code tb50 for 50% Off Monarch Core tier. Welcome back to Impact Theory with Tom Bilyeu. In today’s episode, we confront the harsh realities of investing in the current economic landscape. Legendary investor Jeremy Grantham, whose firm once managed $165 billion, unpacks why we are living through what may be the biggest investment bubble in American history. Tom breaks down the @TheDiaryOfACEO interview with Jeremy Grantham. This conversation dives deep into the psychology of bubbles, the impact of AI-fueled hype, and why emotional contagion drives market manias and catastrophic collapses. Are U.S. stocks safe? Is there any long-term security in tech or AI right now? How should the average investor respond when the market narrative overtakes actual financial fundamentals? We discuss the inevitable crash cycles, the consequences for everyday people, and whether it’s time to rethink your portfolio—or even the country you live in. From the power of diversification to the perils of optimism and the unraveling of America’s social contract, this episode pulls no punches. Get ready to have your assumptions shattered and discover practical steps to brace yourself for the uncertainty ahead. Sign up for my AI Masterclass: https://tombilyeu.com/ai-masterclass?utm_campaign=TBS-Livestream&utm_source=youtube&utm_medium=social Check us out wherever you get your podcasts: Spotify:https://open.spotify.com/show/1nARKz2vTIOb7gC9dusE4b?si=a8daffd2bf1f48fd Apple: https://podcasts.apple.com/us/podcast/tom-bilyeus-impact-theory/id1191775648 Do you need my help STARTING a business? Join me here inside ZERO TO FOUNDER: (https://tombilyeu.com/zero-to-founder) Get the exact systems, mindset shifts, and principles that built a $1B brand delivered straight to your inbox every week. Subscribe for free (https://tombilyeu.com) Check out our Video game - Project Kyzen: (https://projectkyzen.io/) Catch Me Streaming on Twitch - (https://twitch.tv/tombilyeu) Link to IT discord: https://discord.gg/TZKJ2etPbT Tom's Favorite Things List: https://amzn.to/41Ftt7e FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu