Jeremy Grantham is one of the well known US fund managers (with 100 Billion USD assets) with outspoken ideas. He warned many times for overvaluation in the markets, and was proven right. "He is smart, a nuanced thinker, and a graceful writer, all of which come through in the piece". Warnings about shortages in energy, metals, water and about soil erosion.
http://paul.kedrosky.com/archives/2011/08/nyt-profiles-jeremy-grantham.html
http://www.nytimes.com/2011/08/14/magazine/can-jeremy-grantham-profit-from-ecological-mayhem.html?_r=2&pagewanted=all
The following posting might be of interest. (It includes copy of JG's Aug newsletter.
ReplyDeletehttp://www.zerohedge.com/news/granthams-latest-sp-worth-no-more-950
Thank you, reading now.
ReplyDeleteYes, he is an original thinker who dares to be different. In the last 10 years or so, according to him shares were undervalued for only a few months (in the 2008 crisis), in the remained it was all about protection of capital, playing defensive.
Oh yeah... during the crisis (err.. has 'it' really ended? :P )... back on 24 Oct 2008. http://whereiszemoola.blogspot.com/2008/10/jeremy-grantham-joins-bullish-camp.html
ReplyDeleteAnd a few months later http://whereiszemoola.blogspot.com/2009/02/grantham-calls-it-cheapest-in-20-years.html
:)