Jul 31, 2008

Jeremy Grantham: "I am officially scared"

I am officially scared. In 2000, we had a technology bubble. But this is massive, a massive credit crisis and a bubble in global housing, global equity and global land.

~ Jeremy Grantham, GMO investment manager, "Even the pros may be stuffing the mattresses," ChicagoTribune.com, July 29, 2008, by Gail Marks Jarvis

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