GMO: Growth Traps Are Worse Than Value Traps

Johnny HopkinsJeremy GranthamLeave a Comment

In their latest insight titled – Value Traps vs Growth Traps, GMO explains why growth traps are worse than value traps. Here’s an excerpt from the article: When Value disappoints, markets are mad. When Growth disappoints, they are merciless. Value traps are facts of life for value managers. A stock … Read More

Jeremy Grantham: The Link Between Value And Rates

Johnny HopkinsJeremy GranthamLeave a Comment

In his latest interview on The Rules of Investing Podcast, Jeremy Grantham discusses the 1970s high inflation period and the link between value and rates. Here’s an excerpt from the interview: Grantham: There should be. Arithmetically or mathematically. The higher the rate, the more the dividend counts. And the lower … Read More

GMO: Value’s Turn: Eerie Parallels To 1999

Johnny HopkinsJeremy GranthamLeave a Comment

In their latest Insight titled – Value’s Turn: Eerie Parallels To 1999, the team at GMO believe that value’s recent outperformance over growth is set to continue based on the eerie similarities between today and 1999 saying, “there are many eerie parallels between today’s Value/Growth relationship and what we witnessed … Read More