Transcript
Introduction
Patrick
My guest today is Jeremy Grantham. Jeremy is the co-founder and chief investment strategist of Grantham, Mayo, and Van Otterloo, aka GMO. GMO, which manages more than $60 billion for clients, was a firm that helped educate me early in my investment career. They've long published thought-provoking research, most of which came from Grantham himself. He's regarded as a highly knowledgeable investor in various stock, bond, and commodity markets, but he's particularly noted for his prediction of various bubbles. In this conversation, we discuss the current crisis, which he calls the fourth major event of his long and storied career as an investor. As he says, this one is the most uncertain. We also discuss unique topics like commodity-based companies, and how opportunity often lies between fields of expertise. Please enjoy our conversation.