Jason Zweig writes the Intelligent Investor column every Saturday for The Wall Street Journal.
Jeremy Grantham of GMO is one of the only investment professionals to foresee the bubble and dodge it. In fact, Grantham is of one of the only people who prevent the term “investment professional” from being a complete oxymoron. He’s just given his first TV interview ever: on PBS’ Consuelo Mack WealthTrack last Friday. You can view the streaming video here.
The interview is riveting. You’d be hard-pressed to find a more cogent explanation of how the world’s financial markets got in this mess. And, just as important, you’ll search long and hard to come across a sounder set of arguments as to what makes now a good time to buy.
Normally you lose a few million brain cells per minute when you watch financial TV. Here’s a rare chance to get smarter as you watch.
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