Investor Jeremy Grantham 12 alarming warnings 2022 - The investor who predicted the last three financial bubbles portends a devastating fall: these are his twelve most alarming warnings.
Jeremy Grantham has repeatedly warned investors that they are trapped in a historic bubble and heading for a devastating fall.
The co-founder of GMO and market historian is known to have announced the last three market bubbles. He has highlighted several signals, such as investor euphoria, excessive valuations, and rampant speculation with risky assets such as meme stocks and cryptocurrencies.
Investor Jeremy Grantham 12 alarming warnings 2022
Here are Grantham's top twelve quotes since the pandemic began, lightly edited and condensed for clarity:
1. "My confidence is increasing quite quickly that this is in fact becoming the fourth real bubble of my career as an investor." (June 2020)
2. "The market can rise with sad news and rise with good news; those are the characteristics of a bubble. There's not much you can contribute when it gets going." (November 2020)
3. "I've never had any illusions about my ability to hit the bubble puncture. I have an exceptionally low definition of success; it's that sooner or later the market will be lower than the point at which I suggested you retire." (November 2020)
4. "Make no mistake: for most investors today, this could well be the most important event of their lives as investors. Here we are again, waiting for the last dance and finally for the music to stop." (January 2021)
5. "When you have reached this level of obvious super-excitement, the bubble has always, without exception, broken in the following months, not in a few years." (January 2021)
Read and be amazed investor Jeremy Grantham 12 alarming warnings 2022
6. "I completely sympathize with those people who are out there enjoying this bubble, but they have always ended up very badly, and I have no doubt that this one will too." (February 2021)
7. "We will have to live, potentially, with the largest perceived loss of asset value we have ever seen." (May 2021)
8. "People are having fun and, in the end, they will lose everything. And I feel sorry for them because I'm sure they can't afford to lose everything." (May 2021)
9. "The bubbles are incredibly easy to see; what is more complicated is to know when the blowout will arrive. You see it when the markets are on the front pages instead of the financial pages, when the news is full of stories of deceived people, when new coins are created every month." (July 2021)
10. "This bubble is the real one, and everyone can see it. It's as obvious as the nose on your face." (July 2021)
News around investor Jeremy Grantham 12 alarming warnings 2022
11. "Last year you knew this bubble was going to be real, but you didn't know if it was going to burst the following Wednesday, or a year later. One by one, we have marked all the conditions a glorious bubble needs in terms of crazy behaviour. This has been crazier by a substantial margin than 1929 and 2000." (September 2021)
12. "This time there is a greater acceptance of the idea that prices never go down, and that all you have to do is buy, than there has ever been. When the decline comes, it may be greater and better than anything before in the history of the United States."(November 2021)
