Here’s Jeremy Grantham with a cold dose of reality. Thanks to reader Kingsley for sending this my way.
Publish at Scribd or explore others:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
steve
Seems like a pretty bullish letter as far as equities are concerned.
Cullen Roche
In the near term.