Jeremy Grantham: “Many shares priced for… economic collapse”

| 12 July 2008 09:51

Super-bear Jeremy Grantham had something positive to say for once. Well actually it’s only a friend of Jeremy Grantham, oh well. But it IS positive — sort of.


“The good news, provided you are by now heavily liquid, is that there are many shares priced for a degree of economic collapse that even I do not expect.”
-Jeremy Grantham, WSJ: What to Do in a Stock Selloff, 11 Jul 2008


avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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