Jeremy Grantham Bio | Wikipedia
Jeremy Grantham (Full Name: Robert Jeremy Goltho Grantham) is a popular British investor who is the co-founder and chief investment strategist of GMO LLC, a Boston-based asset management firm. As of March 2015, the firm had over US$118 billion in assets under management. The firm has seen this number bisect to US$65 billion in assets under management as of Dec 2020. Jeremy has been a vocal critic of many governmental responses to the Global Financial Crisis from 2007 until 2010.
He began one of the world’s first index funds in the early 1970s. In 2011 Jeremy was included in the 50 Most Influential ranking of Bloomberg Markets magazine. His investment philosophy can be summarised by his commonly used phrase “reversion to the mean.” Approximately, Jeremy believes that all asset classes and markets will revert to mean historical levels from highs and lows.
Jeremy’s firm seeks to understand historical changes in markets and foretell results for seven years into the future. When there is a variation from historical means (averages), the firm may take an investment position based on the predicted return to the mean. He has been described as a contrarian investor and permabear. In 1971, Jeremy helped create one of the earliest index funds at Batterymarch Financial Management.
Jeremy Grantham Age
Jeremy was born on October 6, 1938, in Ware, Hertfordshire. He is 85 years old. Jeremy celebrates his birthday on October 6, every year.
Jeremy Grantham Height
He is a man of above-average stature. Jeremy stands at a height of 5 ft 9 in ( Approx. 1.75m ).
Jeremy Grantham Family
He was born in Ware, Hertfordshire, and raised in Doncaster. He was young when his dad died in the second world war. After his death, Jeremy’s mother moved from Hertfordshire to Doncaster, the Yorkshire coal-mining centre in the North of England. There, his grandfather possessed a restaurant that was exempt from wartime rationing.
Jeremy Grantham Wife
Jeremy is married to his wife Hannelore Grantham a German native who earned her BA and MA from Brandeis University and has been teaching German language and literature at many levels. The couple resides in Boston and has three children named Oliver, Rupert, and Isabel. Hanne also works as the co-chair of the Grantham Foundation for the Protection of the Environment, which she co-created in 1996.
Jeremy Grantham Education
He received his undergraduate degree from the University of Sheffield (U.K.) as well as an M.B.A. from Harvard Business School.
Jeremy Grantham News | Latest News | Latest | Recent Comments
He says the stock market has a 70% chance of crashing and it could be an epic burst like the 1929 crisis. He has been warning of signs of froth in the stock market since at least 2015. Jeremy warned that the Federal Reserve’s overstimulated policy would send markets to “bubbleland.”
Jeremy Grantham GMO | Fund
In 1977, he, Dick Mao, and Eijk van Otterlooco-founded GMO and is a member of GMO’s Asset Allocation team, working as the firm’s long-term investment strategist. Before that Jeremy and Mayo created Batterymarch Financial Management in 1969 while Van Otterloo was a previous colleague of Jeremy. The three were portfolio managers and GMO became launched as a conservative, value-oriented money management shop although it has expanded since. Jeremy drove investment strategy using his quantitative background to create both equity and bond funds.
In 2016, the firm cut 10% of its 650 staff workforce which included staff such as its CEO. Because of the 2022 stock market decline, the firm’s Equity Dislocation strategy which was launched in October 2020, returned 13.7%. In January 2023, GMO put out a statement that it thought the next leg of resurgence will come from deep-value stocks which are the cheapest ones based on their valuation multiples.
Jeremy Grantham Predictions | Predictions 2022
His prediction is that China will be a substantial disappointment. The reason Jeremy says “keying off” is that this is far from being a certain prediction. But he has a strong hunch China will disappoint, and maybe be bitterly disappointed.
Jeremy Grantham House | Home
He resides with his wife Hannelore Grantham in their house in the United States. Presently, Jeremy has not disclosed any details regarding his house to the public.
Jeremy Grantham Super Bubble | Bubble
He built much of his investing reputation over the course of his profession by identifying speculative asset bubbles as they were unfolding. Jerremy avoided investing in Japanese equities and real estate in the late 1980s in the peak of the Japanese asset price bubble and quit technology stocks during the Internet bubble of the 1990s. A decade later, Jeremy limited his exposure to the housing bubble.
Jeremy Grantham Housing
He cautions US housing prices will collapse, the S&P 500 could fall as much as 52%, and more banking problems lie ahead.
Jeremy Grantham Newsletter
In his recent letter to shareholders, Jeremy cautioned of the possibility of a 50% market crash this year in the worst-case scenario.
Jeremy Grantham Stocks
He states a stock market pop and recession is not far in the future. A legendary investor whose expertise lies in major stock crashes claimed that the market is heading toward a burst bubble, akin to the crises seen in 1929 and 2000.
Jeremy Grantham Market Crash
Jeremy has lowered his likelihood of a market crash from an earlier prediction of 85% to now 70%. He also thought the jury is still out on the severity of the crash and how much it will impact the economy and profit margins.
Jeremy Grantham Podcast
He appears as a guest in the An Uncertain Crisis podcast. In the conversation, he discusses the current crisis, which Jeremy calls the fourth major event of his long and storied career as an investor. As Jeremy says, this one is the most uncertain. They also discuss unique topics such as commodity-based companies, and how opportunity often lies between fields of expertise.
Jeremy Grantham Cnbc
While on CNBC, he said investors should brace for even more losses in 2023 as the bursting of the stock bubble was just the start.
Jeremy Grantham Gmo Letter
He made strong predictions for the stock market and the US economy in his recent GMO letter. In 2023, he said the stock market has a 70% chance of crashing—and it could be an epic burst like the 1929 crisis.
Jeremy Grantham 2023
The stock market is becoming the second half of 2023 with positive momentum, which historically bodes well for returns for the rest of the year. The S&P 500 could be on track for its best yearly performance since 2019.
Jeremy Grantham Interview 2022
During a 2022 interview, Jeremy distinguished between identifying overpriced asset bubbles (which he believes is not specifically difficult), and forecasting when such bubbles will collapse (which he acknowledged is impossible, saying only that asset bubbles will finally end at an uncertain future date). He also admits his strategy can underperform market averages for years, testing the patience of his customers, but he asserts that his strategy has always paid off long-term by avoiding overvalued assets.
Jeremy Grantham Performance
GMO has returned -0.83 percent over the last year, 4.10 percent over the last three years, 2.50 percent over the past five years, as well as 3.53 percent over the past decade.
Jeremy Grantham Portfolio 2022
GMO Asset Management with a total portfolio value of $21.3 Billion invested in many investors. The firm is one of the top long-term investment firms and offers different mutual funds for wealthy investors.
Jeremy Grantham Permabear
He has been described as a contrarian investor and permabear.
Jeremy Grantham Reddit
He is known for his predictions of stock market bubbles. Jeremy foresaw the dot-com implosion and got out of Japanese stocks in the 1990s prior to the economy stagnated.
Jeremy Grantham Foundation
He is the principal funder of the Grantham Foundation with his wife Hannelore. The foundation provides funding for environmental organizations. It is funded by Jeremy and his wife Hannelore and is based in Boston, Massachusetts. In 2016, the foundation provided a grant to InsideClimate News to “build a newsroom…devoted exclusively to environmental journalism practiced in the public interest.”
Jeremy Grantham 13f
His 13F portfolio value increased from $17.33B to $18.77B this quarter
Jeremy Grantham Youtube
In July 2023, on Youtube, he warned of a bubble of “epic proportions” in the bond, stock, housing, and commodities markets. Jeremy, who has accurately predicted market bubbles in the past, believes that the present market is overvalued and due for a correction. Jeremy cites three factors that are contributing to the bubble: low-interest rates, easy credit, as well as excessive speculation.
He also discusses his views on climate change, bursting market bubbles, plus artificial intelligence.
Jeremy Grantham Articles
– MSCI Reaches Analyst Target Price
– See Which Of The Latest 13F Filers Holds Honeywell International
– March 2024 Options Now Available For Archer Daniels Midland (ADM)
– Sum Up The Pieces: QQQJ Could Be Worth $30
– TECK August 11th Options Begin Trading
– Herc Holdings (HRI) Passes Through 2% Yield Mark
– Ultra Clean Holdings Becomes Oversold (UCTT)
– Notable Friday Option Activity: TSLA, CHTR, DIS
Jeremy Grantham Bear
The 2022 bear market seemed to be the crash that he had long predicted.
Jeremy Grantham Bubble Predictions
Jeremy’s guess is that A.I. is not operating on the same timescale as the bubble in the near future he is predicting: “We have a year or two here to have a fairly traditional bubble losing air, a fairly traditional recession, and fairly traditional decreased in profit margins and some grief in the stock markets.
Jeremy Grantham Net Worth | Net Worth 2022
Jeremy gets his wealth from his work as the chairman and co-founder of the investment firm Grantham, Mayo, Van Otterloo Company (GMO). Therefore, Jeremy has accumulated a decent fortune over the years. Jeremy’s net worth is $1 billion.
How Old Is Jeremy Grantham
Jeremy is an 85-year-old who was born on October 6, 1938, in Ware, Hertfordshire. Jeremy celebrates his birthday on October 6, every year.
How Tall Is Jeremy Grantham
Jeremy is a man of above-average stature who stands at a height of 5 ft 9 in ( Approx. 1.75m ).
Who Is Jeremy Grantham
He is a British investor who is the chairman and co-founder of the investment firm Grantham, Mayo, Van Otterloo Company (GMO). GMO is Based in Boston and oversees $100 billion for clients. Currently, Jeremy is an active member of GMO’s asset allocation division. Before GMO’s founding in 1977, Jeremy was co-founder of Batterymarch Financial Management in 1969. There, he recommended commercial indexing in 1971, one of many claims to be first. He started his investment career as an economist with Royal Dutch Shell.