Archive for July 31st, 2008

Daily Archive
Thursday, July 31st, 2008

Jeremy Grantham: Meltdown – “I’m officially scared!”

This post deals with a rather sceptical outlook.The bearer of the bad tidings is well-respected money manager Jeremy Grantham who has just published the July edition of his quarterly newsletter entitled “Meltdown! The Global Competence Crisis”. In terms of strategy, Grantham summarizes his view in what he believes should be investors’ motto: “Don’t be brave, run away. Live to fight another day.”

5 Comments » - Posted in Money, Markets, Investment by Prieur du Plessis