VIDEO INTERVEIW: http://www.charlierose.com/view/interview/12812
Charlie Rose interviews Jeremy Grantham, Co-founder and Chief Investment Strategist of Grantham Mayo Van Otterloo
This man get's it! I agree with his energy, water, and agriculture assessment and what needs to be done.
Jeremy Grantham is the best in the business of predicting bubbles.
I would never bet against him! Interview with Charlie Rose was amazing!
His Quarterly Letter -->http://www.gmo.com/websitecontent/GMO_QtlyLetter_4Q2012.pdf
74 year old with a 44 year investment track record.
He agrees with Paul Krugman that our national debt is not an immediate problem.
Low stable growth rates are good as long as we invest in green energy, insulation of houses, good public works, etc.
Keeping interest rates low, penalizes older Americans and is advantageous to the already rich, banks, and corporations.
HE UNDERSTANDS --> GNP Gross National Product is not a "True Measure of a Country"
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HE UNDERSTANDS --> GNP Gross National Product is not a "True Measure of a Country"
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Monte
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