Free Republic

Let's discuss value investor Jeremy Grantham's thesis on "super bubbles" and his target for the S&P 500. For almost a half-century, value-investing icon Jeremy Grantham has been calling market bubbles. Now, he says U.S. stocks are in a “super bubble,” only the fourth in history, and poised to collapse. Please do yourself a big favor and play the above interview in entirety. It's not a fluff interview. Bloomberg's Erik Schatzker grills Jeremy Grantham right from the get go about Grantham's view a year ago. Q&A Snips Schatzker: At the risk of putting words in your mouth, you are as certain...

Jeremy Grantham: ‘My confidence is rising quite rapidly that this is, in fact, becoming the fourth, real McCoy, bubble of my investment career. The great bubbles can go on a long time and inflict a lot of pain but at least I think we know now that we’re in one. And the chutzpah involved in having a bubble at a time of massive economic and financial uncertainty is substantial.’ "A market that may be the most bubblicious he’s seen in his storied career." "Grantham is worth paying attention to due to his prescient calls over the years. He said that...

Last year, legendary investor Jeremy Grantham of GMO published a treatise on exploding commodity prices. He also offered a startlingly depressing outlook for the future of humanity. Grantham believes the world has undergone a permanent "paradigm shift" in which the number of people on Earth has finally and permanently outstripped the planet's ability to support us. The phenomenon of ever-more humans using a finite supply of natural resources cannot continue forever, Grantham says--and the prices of metals, hydrocarbons (oil), and food are now beginning to reflect that. Grantham believes that the planet can only sustainably support about 1.5 billion humans,...

THIS is the world's hottest chilli - bred in rainy Grantham, Lincs, but so fiery it can put diners in HOSPITAL. The variety out-scorches its nearest rival, which is so hot it is used in mob-control grenades by the Indian Army. Tests by Warwick University rate the new variety at 1,067,286 on the Scoville Scale which is used to measure the heat of peppers. The former record-holder, the Indian Bhut Jolokia, is 1,041,427. A jalapeno measures just 2,500 to 5,000. Weapons-grade pepper spray is 2,000,000.