Patient Zero of the Bubble Pandemic: Alan Greenspan – Investment Watch
Below, we consider two well-known names in modern markets, former Fed Chairman Alan Greenspan, and current value investing legend, Jeremy Grantham, co-founder of GMO Investment Strategies. Years ago, I sat down with Jeremy Grantham in an office overlooking Boston Harbor to not only consider an investment in his fund, but to absorb the insights of a blunt-spoken observer of market risk. Such blunt-speak, as I’ve written elsewhere, is a rare trait among the cadres of otherwise high-profile wealth managers whose incentives and survival are often predicated more upon selling hope than speakin...