The Digest #61
Munger's Letter, BYD, Trust and Mistrust, The Value of Failure ...
Roger Lowenstein: The Fed Should Burst Our Bubbles
Roger Lowenstein is the author of five books covering financial markets. His latest book, The End of Wall Street, was published in April. Mr. Lowenstein is also the author of an excellent biography on Warren Buffett written in 1995 which ...
Jeremy Grantham on Bubbles and the Outlook Ahead
In an interview with The Financial Times, Jeremy Grantham discusses a study on various financial bubbles that his firm has recently completed. Mr. Grantham found 34 examples of bubbles that fit his definition as a “forty year event” statistically. Of ...