Tag Archive

In their latest article titled – Value vs Growth – The Unwind Continues, the team at GMO explains why Value is poised to outperform Growth. Here’s an excerpt from the article: Crucially, what both of those arguments are failing to take into consideration is valuation. We believe that Value will … Read More

In their recent article titled – Growth Investing Ain’t About The Rates, GMO explain why value investors should take a fresh look at quality growth companies. Here’s an excerpt from the article: Rising rates hurt investors; claims on profits in the future are simply worth less if you discount them … Read More

One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More

In his latest article titled – Entering The Superbubble’s Final Act, Jeremy Grantham warns investors to prepare for an epic superbubble finale. Here’s an excerpt from the article: Previous superbubbles saw a much worse subsequent economic outlook if they combined multiple asset classes: housing and stocks, as in Japan in … Read More

In his recent interview on The Investor’s Podcast, Jeremy Grantham explained how the stock market ‘termites’ always go for the juiciest speculative things first. Here’s an excerpt from the interview: I would argue that the termites got into action quite a bit earlier than that. You expect them to go … Read More

In his recent interview on The Investor’s Podcast, Jeremy Grantham discusses where this bear market might bottom. Here’s an excerpt from the interview: In terms of the entire bear market, it would be unusual for it to bottom out anywhere near this high. I would expect that by the low … Read More

One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More

In their latest Q2 2022 Market Commentary, GMO discusses the best places to fish in this market. Here’s an excerpt from the commentary: You have heard us beat this drum before, but we are happy to repeat ad infinitum that valuation-driven investing works in the long term. Inflation, and policymakers’ … Read More

In his recent interview on the Capital Allocators Podcast, Jeremy Grantham explains why we are going to have a very big reversal from growth stocks to value stocks. Here’s an excerpt from the interview: A few years ago I debated Jim Grant, who called me an ‘apostate’ amongst value managers … Read More

In his recent interview with Bridgewater Associates, Jeremy Grantham discusses the sure signs that this market breakdown is the real McCoy. Here’s an excerpt from the interview: Grantham: I must say I’m… in my old age reaching a point where I have a little trouble convincing myself that the stock … Read More

In their recent Q1 2022 Letter, GMO discusses one way to protect your portfolio from inflation after the fact. Here’s an excerpt from the letter: The long-term supply/demand dynamics in natural resource markets favor high and rising prices. The clean energy transition will take decades to play out and will, … Read More

In his recent interview with CNBC, Jeremy Grantham discusses the first sign that a bubble is about to pop. Here’s an excerpt from the interview: Grantham: I only specialize in what I call the really great bubbles. If you go back to 1929, to 2000, to Japan and the housing… … Read More

In his recent Oxford Lecture, Jeremy Grantham illustrates the trouble with capitalism using his story of the devil and the farmer. Here’s an excerpt from the lecture: Grantham: This is my story of the devil and the farmer. The devil goes to a midwestern farmer and says, I will give … Read More

In his latest article titled, Putin’s Invasion Reminds Us That We Live In A Finite World, Jeremy Grantham discusses the impact of all key commodities required by the modern economy being finite in supply. Here’s an excerpt from the article: Spaceship Earth, together with its local galaxies, is speeding through … Read More

One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More

In his latest interview on the Meb Faber Podcast, Jeremy Grantham discusses what happens when investors are short-term in their thinking and bit innumerate. Here’s an excerpt from the interview: Jeremy: And people are all focused as they always are on the next year or two. I get that. But I’m … Read More

In their latest Insight titled – Making Money And Reducing Risk In An Equity Superbubble, GMO explain how investors can still make money while reducing risk in an equity superbubble. Here’s an excerpt from the Insight: Navigating the career risk associated with bubbles (especially superbubbles) has always been tricky and … Read More

In their latest Q4 2021 Letter, GMO discuss four of the biggest investment mistakes to avoid in a rising market. Here’s an excerpt from the letter: None of us, regardless of our skill and experience in investing, can be spared the pain caused by making mistakes. While we can all … Read More

In his latest interview on The Long View Podcast, Jeremy Grantham discusses stock price manipulation. Here’s an excerpt from the interview: Grantham: Corporate buybacks have been the shining number one driver of this 11-year bull market and has changed everything. And then, with the stimulus program, of course, the individuals came … Read More