Jeremy Grantham might not be as nicely often known as Warren Buffett to most people. However he is thought-about an enormous within the investing world.
A co-founder of Boston-based asset administration agency GMO, Grantham is thought for his breadth of information on nearly each market subject — particularly asset bubbles.
Once I was developing on this enterprise, Granthan’s quarterly shareholder letters had been a must-read.
And there is one in particular from 2017 that also very a lot applies to at present. In truth, Grantham referenced this letter in a CNBC interview again in March of this yr.
In case you’ve discovered your self questioning whether or not this bull market is a bubble, how for much longer it will possibly final, and whether or not “worth” investing has any relevance in at present’s market, it is positively price a learn.
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