Friday, February 26, 2021Volume 2, Issue 16 “I try to think of my shareholders as my partners. I try to think of the information I would want them to send me if they were running the place, and I was the
Weekend Links – January 22, 2021
Friday, January 22, 2021Volume 2, Issue 5 “Posterity! You will never know, how much it cost the present Generation, to preserve your Freedom! I hope you will make a good Use of it. If you do not, I shall repent in
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 these 34 bubbles, 32 have moved back to trends prior to the bubble forming. The two bubbles currently outstanding are the U.K. and Australian housing bubbles which Mr. Grantham believes are driven by low rates on floating rate mortgages. Read this article for more details and a link to the interview.