Monday, April 26, 2010

Jeremy Grantham GMO April 2010 Letter - Playing with Fire (A Possible Race to the Old Highs)

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One of the "must reads" distributed across all of Wall Street is Jeremy Grantham's quarterly letter; here is his latest entry.  If you've been reading this website for more than 2-3 weeks, you will see very parallel thinking ... but Grantham is always worth the read.  He is truly one of the only guys on the inside who does not talk like a salesman but speaks (his version of) the unvarnished truth.  The title is pretty self explanatory Playing with Fire (A Possible Race to Old Highs).

[Click 'Fullscreen' for easier reading]

Jgletter All 1q10                                                                 

[Jan 26, 2010: Jeremy Grantham GMO January 2010 Letter]
[Oct 27, 2009: Jeremy Grantham GMO October 2009 Letter]

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