Posted on 12/11/2015 12:20:33 PM PST by SeekAndFind
Edited on 12/14/2015 10:08:08 AM PST by Jim Robinson. [history]
Given his timing, you might be inclined to say that GMO co-founder and portfolio specialist Jeremy Grantham seems to be channeling Ebenezer Scrooge in his latest quarterly letter to investors.
Actually, the investment guru is following up on his comments of earlier this year, outlined in “10 Quick Topics to Ruin Your Summer.” And what he really wants is for investors to grasp real economic trends affecting the U.S. economy.
(Excerpt) Read more at thinkadvisor.com ...
Who is this douchebag?
Okay, I give up. What is a “GMO”?
“Genetically Modified Orangutan”? Like for example Michelle Obama?
>> Who is this douchebag?
I dunno, but he shore got purdy graphs.
How stupid is it to rank a nation’s
educational process by the number
of three and four year-olds in school?
How utterly stupid.
RE: Okay, I give up. What is a “GMO”?
It is named after his investment group — Grantham Mayo van Otterloo (GMO), a Boston-based asset management firm. GMO is one of the largest managers of such funds in the world, having more than US $118 billion in assets under management as of 2015.
Jeremy Grantham is the investor and co-founder and chief investment strategist
RE: Who is this douchebag?
From Wikipedia:
Jeremy Grantham is a British investor and co-founder and chief investment strategist of Grantham Mayo van Otterloo (GMO), a Boston-based asset management firm. GMO is one of the largest managers of such funds in the world, having more than US $118 billion in assets under management as of March 2015.
Grantham is regarded as a highly knowledgeable investor in various stock, bond, and commodity markets, and is particularly noted for his prediction of various bubbles.
He has been a vocal critic of various governmental responses to the Global Financial Crisis.
Grantham started one of the world’s first index funds in the early 1970s.
From the article he supports high taxes, is a greenie, and things women and minorities hardest hit. I.e., douchbag, notwithstanding what he wrote about himself on Wikipedia.
I do appreciate that you didn’t post this article clickbait style. Much easier when we can just skim the article right here to catch the douchebaggery.
Things = Thinks
I think Pontiac made those. Had one with dual exhaust.
That chart shows that we shouldn't trust anyone educated in Indonesia with any responsibly or power.
Jeremy’s a nice bloke if you can ignore his green leanings.
What does this have to do with investing?
That's an understatement. According to the BLS' Table A-9. Selected employment indicators, we picked up 3,000 full time jobs, and 137,000 part time jobs in November. I don't know how that comes out to the over 200,000 jobs the government reported.
And the not seasonally adjusted numbers show we lost 569,000 full time jobs while picking up 620,000 part time jobs. I know about seasonal adjustments, but that looks like a net loss at a time when we should be gaining for the holidays.
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