A worthwhile hour-long discussion on our historic market bubble.
Jeremy Grantham is the Long-Term Investment Strategist and Co-Founder at GMO. We cover the three key signs of a bubble, why Jeremy believes we are in a bubble right now and how it’s being led by retail rather than institutional investors:
“This bubble is more impressive even than 2000, which was the champion. About 80% of the value measures have this one higher. We’ll be rather lucky to have this bubble last until May.”
Here is a direct audio link.
Business Insider published 16 worthwhile quotes from the interview here.