GMO recently released its Q3 2020 Quarterly Letter in which they discuss the disappointing run that value has had over a number of years and why now is the right time to exploit the value opportunity. Here’s an excerpt from the letter: It has truly been a hellish time for … Read More
Jeremy Grantham: Forget Private Equity And Regular Investing There’s A Better Option
In his recent interview with Patrick O’Shaughnessy on the Invest Like The Best Podcast, Jeremy Grantham was asked what advice he would give to younger people interested in investing. Here’s an excerpt from the interview: Patrick OShaughnessy: I’d be curious what advice you would have for younger people interested in … Read More
Jeremy Grantham: 4 Books That Every Investor Should Read
We recently started a series called – Superinvestors: Books That Every Investor Should Read. So far we’ve provided the book recommendations from: Our Book Recommendations for Investors Charles Munger: 32 Books That Every Investor Should Read Seth Klarman: 32 Books That Every Investor Should Read Warren Buffett: 35 Books That … Read More
Jeremy Grantham: Investing Was So Much Easier 40 Years Ago
Here’s a great podcast with Jeremy Grantham chatting to Barry Ritzholt at Boomberg. When asked about the difference between investing forty years ago compared with today he said: “The world was so straight forward forty years ago. There was such a limit on the talent in the business. If you … Read More
Jeremy Grantham – 10 Timeless Investing Lessons
One of the firms we watch closely here at The Acquirer’s Multiple is GMO and its co-founder, Jeremy Grantham. Grantham successfully predicted numerous financial asset bubbles. He warned against the dot-com bubble and vulnerability in the U.S. stock market leading up to the financial crisis. Over the years his shareholder letters … Read More
America Is Great. Home Country Bias Ain’t (GMO)
Here’s a great article from the team at GMO that demonstrates how “home country bias” may be hurting your performance. Home country bias means investors have a natural tendency to focus their investments in companies and markets in their own country. Here’s an excerpt from that article:
Jeremy Grantham: The Rules Have Changed for Value Investors
GMO Co-founder Jeremy Grantham recently did an interview with Wealthmanagement.com in which he discusses how the world has changed for value investors. He says, “Since 2000, it’s become much more complicated. The rules have shifted. We used to say that this time is never different. I think what has happened … Read More