Monday, April 26, 2010

Playing with fire--by Grantham a must read

 It was a not a great weekend though i will remember it for years to come(its not related to IPL ok)..anyway that's not what i  intended to post here

While surfing i came across this guy by name Grantham Jeremy , chairman of
a Boston based AMC well known among institutional investors, but relatively unknown to retail investors.
He has a reputation over his long career by correctly identifying speculative market "bubbles" as they were happening and steering clients' assets clear of impending crashes

Most of his letters are read by Wall Street  and here is what he says in latest quarterly report in the link below
Playing with Fire

Take some time and read in particular if you invest in stocks

More can be found in this article
http://www.businessinsider.com/henry-blodget-grantham-this-crazy-market-could-go-roaring-right-back-to-its-old-highs-2010-4

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