Jeremy Grantham, GMO - What Day Is The Highest Level Of Optimism? Its The Day The Market Hits The Peak | #286

Published: Feb. 8, 2021, 6 p.m.

In episode 286, we welcome our guest, Jeremy Grantham, co-founder and Chief Investment Strategist of GMO.\xa0\nIn today\u2019s episode, Jeremy begins by talking about the current market, which he believes will be recorded as one of the great bubbles of financial history. He puts this bubble into historical perspective by comparing it to the Japanese, technology and housing bubbles.\xa0Then he addresses the commonly cited argument that low interest rates justify high stock valuations. Next, Jeremy explains why he is so bullish on venture capital and has allocated almost 60% of his foundation to the asset class, making it, as he says, one of the most aggressive portfolios in the philanthropic world.\xa0\nAs we wind down, Jeremy explains why he is so passionate about addressing climate change through his foundation, and why China is ahead of the U.S. to address the issue.\xa0\nPlease enjoy this episode with GMO\u2019s Jeremy Grantham.\xa0\xa0\n\xa0\nLearn more about your ad choices. Visit megaphone.fm/adchoices