Jeremy Grantham with more sage advice on markets - No one did a more articulate job predicting this financial crisis than Jeremy Gratham. He's a king among men and perhaps the world's best financial commentator.
His new interview on the financial crisis and why stocks are probably still not cheap should be read by all investors:
Jeremy Grantham provides thoughful commentary on markets - GMO is Jeremy Grantham's $152 billion asset management vehicle. While the fund has had mixed results in recent years https://www.gmo.com/America/CMSAttachmentDownload.aspx?target=JUBRxi51IID4jPJK9qdDlbdL2Y3GnEUlc9EtDr5X83kpvYKRBXl08KSXamjFWDrbKh2MtHAAE%2bM%2btDnAZlU8q2BB7p86ep%2fC , Grantham has earned the reputation of one of the world's top money managers. He has also been credited with starting the trend of timber investing that has provided billions in high uncorrelated returns for the Harvard and Yale Endowments, among others.
Recently, Grantham predicted the market's decline (although he had been saying it for years and by his own admission didn't really make much money off of it) and usually has thoughtful opions on the state of markets and the economy. You can read his letters and articles for free here:
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