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February 24, 2022 | Grantham: Super Bust after FOMO Lust

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

One of the world’s most famous fund managers says Wall Street is a “super bubble” waiting to burst and a “terrible lust” for profits will bring investors undone.

Jeremy Grantham is the co-founder of GMO, which claims to  have predicted the Japanese crash of 1989, the Dotcom bust of 2000 and the global financial crisis of 2008. He’s now warning of another similar crash in asset prices, with speculative tech stocks first in the firing line. Here is a direct video link.

 

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February 24th, 2022

Posted In: Juggling Dynamite

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