Jeremy Grantham Publishes Epic Mea Culpa Admitting He Got Commodities Bubble All Wrong

Jeremy Grantham was so, so wrong. For now, however, he has owned up to his mistakes.

In GMO’s quarterly letter, the famed investor admitted that he simply whiffed on the latest commodity bubble popping.
“Every major bull event is called a paradigm shift but they almost never exist,” wrote Grantham.
“Almost never. But not never,

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