Jeremy Grantham (GMO)

Re: Jeremy Grantham

Postby winston » Fri Oct 26, 2012 4:46 am

Jeremy Grantham Warns 2013 Will Be A Dangerous Year For Stocks

“I think next year will be a dangerous year. It is the first year of a presidential cycle. I have always paid close attention to it as a reliable indicator.

It is the time when the Fed and the U.S. government typically try to get things more in order.” Grantham continues:

“History is quite clear. There has been, on average, no money made in year one and two after a Presidential election going back to 1932, after you adjust for inflation.

All the money is made in year three with an adequate return in year four. In general they stimulate in year 3 to create a wealth effect in year four and it works and everyone is happy.

You can’t do that every year. At some point you have to address a budget that is way out of balance”

Grantham believes that investors’ almost universal belief that rates will remain low is another disturbing phenomenon. In other words now that everyone is convinced interest rates will remain low, they probably won’t.

http://www.forbes.com/sites/schifrin/20 ... or-stocks/
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Re: Jeremy Grantham

Postby winston » Mon Jan 28, 2013 5:52 pm

Jeremy Grantham Finds U.S. Stocks and Bonds Equally Unattractive, Likes International

GMO has now made its famous 7-year asset return forecasts visible on its website; previously they would email them freely to registered recipients.

They, primarily Jeremy Grantham, the co-founder, actually have quite a good record, though past performance may not correlate with future performance.


http://www.gmo.com/websitecontent/JG_Le ... _11-12.pdf
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Re: Jeremy Grantham

Postby behappyalways » Thu Mar 14, 2013 11:14 am

Jeremy Grantham, Co-founder and Chief Investment Strategist of Grantham Mayo Van Otterloo
http://www.charlierose.com/view/interview/12812
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Re: Jeremy Grantham

Postby winston » Sat Jul 06, 2013 11:39 am

Jeremy Grantham – GMO

Money managed: $110 billion

Bullish on: Alternative energy

“Once the capital is found and the project is built, a wind or solar farm delivers far cheaper energy than a coal-fired utility plant, at around one-third of the marginal cost of coal.”
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Re: Jeremy Grantham

Postby behappyalways » Fri Feb 14, 2014 7:09 pm

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Re: Jeremy Grantham

Postby behappyalways » Fri Feb 14, 2014 8:13 pm

LESSONS LEARNED:
1) Inside advice, legal in those days, from friends in the company is a
particularly dangerous basis for decisions; you know little how limited their
knowledge really is and you are overexposed to sustained enthusiasm;
2) Always diversify, particularly for your pension fund;
3) Fraud, near-fraud, or colossal incompetence can always strike;
4) Don’t buy stocks yourself if you’re an amateur: invest with a relatively rare
expert or in a low-cost index;
5) Investing when young will start your brain turning on things financial;
6) Painful errors teach you more than success does;
7) Luck helps; and finally,
8) Have a convenient mother to be the fall guy.


behappyalways wrote:GMO's 4Q 2013 Letter
http://www.gmo.com/websitecontent/GMO_Q ... 4Q2013.pdf
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Re: Jeremy Grantham

Postby behappyalways » Wed Mar 26, 2014 10:00 am

Jeremy Grantham: The Fed is killing the recovery
http://finance.fortune.cnn.com/2014/03/ ... d=HP_River
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Re: Jeremy Grantham

Postby behappyalways » Fri Jun 20, 2014 11:33 am

Jeremy Grantham's Investing Advice: Don't Try To Be Warren Buffett
http://www.forbes.com/sites/steveschaef ... n-buffett/
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Re: Jeremy Grantham

Postby behappyalways » Sun Jun 22, 2014 2:13 pm

(Getting close.....so many shaking dominoes.....oil price due to Iraq, china's property and loan market, euro countries' economic weakness and debt crisis and maybe even the buoyant stock markets which would create a negative wealth effect when the major indices fall......so maybe staying in cash would allow you to cherry pick in time to come.....)


In his first-quarter letter, Grantham warned that the U.S. equity market was 65% overvalued. But lost in the subsequent headlines was his equally firm belief that there is little to prevent the S&P 500 from rallying to 2,250, a level he would call “a fully-fledged bubble.”


behappyalways wrote:Jeremy Grantham's Investing Advice: Don't Try To Be Warren Buffett
http://www.forbes.com/sites/steveschaef ... n-buffett/
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Re: Jeremy Grantham

Postby behappyalways » Tue Jul 22, 2014 11:10 am

GRANTHAM: Here Are 5 Lessons I Learned From 2 Failed Investments
http://www.businessinsider.sg/grantham- ... 83VmMIrjIU


Yellen encourages ‘fully-fledged equity bubble,’ says Jeremy Grantham
http://blogs.marketwatch.com/thetell/20 ... -grantham/


GMO Quarterly Letter Second Quarter 2014
http://www.gmo.com/websitecontent/GMO_Q ... r_2Q14.pdf
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