No, it’s not a new law firm, each of these renowned investors have put out new thoughts/predictions in the past week. The wonderful aspect of markets is that there can be wildly differing viewpoints but that several strategies/approaches can do well. So be prepared to sit down and spend hours on them. Byron Wein – […]

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So, to summarize, stock prices are held up by abnormal profit margins, which in turn are produced mainly by lower real rates, the benefits of which are not competed away because of increased monopoly power, etc. What, we might ask, will it take to break this chain? Any answer, I think, must start with an […]

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There’s quite a bit to digest in this latest quarterly letter from GMO, I’ve put in some snippets below but there’s far more thoughts and analysis in the paper itself. The overwhelming driver of the spike in productivity in that decade was the extraordinary growth in production of IT equipment, which grew at 10% real […]

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Both the big boys came out with papers in the past week, JG gives a rather decent explanation on immigration, brexit and markets in general whilst Bill Gross does touch upon questions that have been on his mind. Snippets are below and a link to both papers. Oh and I haven’t forgotten that today is voting day […]

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“It takes little experience in the investment business to realize that investors prefer good news.” And there is a lot more in this quarter’s latest paper where they cover everything from the US Economy to Emerging Markets, see below for some snippets & the link to the rest of the letter:

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Ahhh the wonderful quarterly letter from Jeremy Grantham of GMO, is out and it has its usual combination of wit, investment thoughts and curiousity all melded into one paper. This quarter he discusses a list of ten topics that are not positive at all for the world, but he does add in his usual but human are […]

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And it’s that time of the year where one must read GMO’s latest quarterly letter, this time you’ll find: A discussion on long term bonds, overall asset allocation and how the current pricing in the market reflects future expectations (which appears to be nuts!) That US Equities should approach Bubble status given the “strange, manipulated […]

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GMO’s latest quarterly letter is out and as usual it is a must read with several points covering the markets, valuations, asset classes and outlook. Here’s a small tidbit below and a link to the letter. My personal fond hope and expectation is still for a market that runs deep into bubble territory (which starts, […]

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Jeremy Grantham of GMO is another must read quarterly letter, this time around he writes about the dreams of opportunities, cultural differences, the potential of the biggest M&A boom to come and how equity markets are still likely to do fine, even though he expects returns to be sub-par on a 7 year basis. Enjoy. […]

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Jeremy Grantham’s latest quarterly letter is out and this time he’s going through the statistical possibilities of how much further equity markets have to run, as always its a must-read. Enjoy! The bull market may come to an end any time, indeed as I write it may already have happened. It could be derailed by […]

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