KPL's blog on Indian stock markets, science, technology and more
SEBI Registration (Research Analyst) : INH000000743
December 3, 2020
Jeremy Grantham - this will be my 4th bubble in the markets
The legendary investor Jeremy Grantham told CNBC on Thursday that he was certain the stock market is in a bubble following its "powerful, rapid, and, in many areas, truly crazy" rally from March lows.
"The more spectacular the rise and the longer it goes, the more certainty one can have that you're in the 'real McCoy' bubble," said Grantham, the cofounder and chief investment strategist of the asset-management firm GMO.