Jeremy Grantham, predictor of every modern bubble, investment recommendations

Morningstar /
YouTube

• Jeremy Grantham, the cofounder and chief investment
  strategist at the $71 billion Grantham, Mayo, & van
  Otterloo, has become a world-renowned market voice by calling
  every modern financial bubble — including the past two stock
  meltdowns.
• In an exclusive interview with Business Insider, the
  industry legend reveals his big investment pick for the future
  and provides a detailed explanation.

Don’t sweat the small stuff. Stay focused on the big picture.

These are two commonly espoused pearls of wisdom that are
frequently heard and then promptly ignored by investors.

That’s because nobody wants to miss out on whatever market fad is
most profitable at a given time. And no one is more familiar with
this than institutional investors who manage money for other
people.

As people get increasingly caught up in the everyday minutiae,
the pressure on money managers mounts to keep pace with the
market. It’s a dynamic that has played out repeatedly throughout
the 9-1/2-year bull market, which is now the
longest on record.

Jeremy Grantham, the cofounder
and chief investment strategist at the $71 billion Grantham,
Mayo, & van Otterloo, doesn’t think this is the right
approach. …

Sponsored: 


If you enjoyed reading this story so
far, why don’t you join Business Insider
PRIME? Business Insider provides visitors from MSN with a
special offer.  



Simply
click here to claim your deal and get access to all exclusive
Business Insider PRIME benefits.