Everyone who invests needs to watch this. In general I'm not a fan of Bloomberg new, nor do I agree with this gentleman's view's on global warming, but everything else he says is consistent with my interpretation of current events. Grantham is NOT a perma-bear and has a good history of identifying asset bubbles. Make no mistake, we are in an asset bubble. There might even be a couple more legs up, but eventually there will be no more bigger fools and confidence will break. That will be the beginning of something...not good.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
