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Investing Prophet Jeremy Grantham Takes Aim At Climate Change

TedTed
in Fund Discussions
FYI: Terrifying an audience is one of Jeremy Grantham’s specialties. The legendary investor, co-founder of Grantham Mayo Van Otterloo (GMO), is famous for predicting doom. And he’s famous for being right, with a remarkable record of spotting investment bubbles before they pop, notably the 2000 tech crash and 2008 financial crisis.

These days, the topic of Grantham’s warnings is not financial markets but the environment.
Regards,
Ted
https://www.bloomberg.com/news/articles/2019-01-17/jeremy-grantham-s-1-billion-plan-to-fight-climate-change

Comments

  • MarkMark
    "BOTTOM LINE - The legendary investor is going big with one last bet: Using 98 percent of his net worth in the battle to save the Earth from the ravages of climate change."

    For those who want more info on the fund:

    https://www.morningstar.com/funds/xnas/gcchx/quote.html

    I'm a little short of the initial investment minimum. So much for caring about the working class.
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