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Jeremy Grantham Doesn't Think Highly of The Maestro Greenspan
04-28-2008, 08:20 PM
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#1
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Give me a museum and I'll fill it. (Picasso)
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Jeremy Grantham Doesn't Think Highly of The Maestro Greenspan
https://www.gmo.com/America/CMSAttac...Q%2fqmmY00o%3d
Excellent long piece by Grantham. Particularly nice if you have always hated Greenspan, as I have.
Ha
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04-28-2008, 08:25 PM
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#2
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Recycles dryer sheets
Join Date: Aug 2007
Posts: 433
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My revulsion of Allen springs from the ridiculously low interest rates of the early 00s. Greenspan begat the housing bubble to counter the crash of the dot-coms and the rest is history ... still in the making.
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Consult with only myself as your adviser or representative. My thoughts should be construed as investment advice of the highest caliber. Past performance is but a pale shadow and guarantee of even greater results in the future.
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04-28-2008, 11:50 PM
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#3
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Recycles dryer sheets
Join Date: Aug 2007
Posts: 433
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__________________
Consult with only myself as your adviser or representative. My thoughts should be construed as investment advice of the highest caliber. Past performance is but a pale shadow and guarantee of even greater results in the future.
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04-29-2008, 07:22 AM
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#4
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Full time employment: Posting here.
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The OP's link requires a login when I click.
-CC
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"There's those thinkin' more or less, less is more, but if less is more, how you keepin' score?
It means for every point you make, your level drops. Kinda like you're startin' from the top..." "Society" - Eddie Vedder
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04-29-2008, 08:18 AM
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#5
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Recycles dryer sheets
Join Date: Feb 2008
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Same here. I'm a big fan of Grantham. Ha, would you mind cutting and pasting? I'd love to read the piece.
Tom
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04-29-2008, 08:47 AM
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#6
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Thinks s/he gets paid by the post
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i seriously doubt if any one of his critics (or all of them put together) could have performed as well as Greenspan did over his 25 yr (?) tenure. 20/20 hindsight is a wonderful thing, but it's useless when you're on the spot.
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04-29-2008, 09:19 AM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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 Quote:
Originally Posted by tomintucson
Same here. I'm a big fan of Grantham. Ha, would you mind cutting and pasting? I'd love to read the piece.
Tom
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It is quite long. The sign up is (or was) free. If you don't want to do that, I'll try a synopsis when I get back, probably tomorrow.
Ha
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"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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04-29-2008, 01:24 PM
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#8
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Thinks s/he gets paid by the post
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Quote:
Originally Posted by d
i seriously doubt if any one of his critics (or all of them put together) could have performed as well as Greenspan did over his 25 yr (?) tenure. 20/20 hindsight is a wonderful thing, but it's useless when you're on the spot.
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i don't hate the guy, but it's ludicrous to think that he was the only one responsible for the last 25 years. Paul Volcker deserves a lot of credit, Bill Clinton and the congress at the time deserve credit and it was just the right time in the economic cycle. high inflation/low inflation times run in regular cycles. been like that for hundreds of years.
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04-29-2008, 02:49 PM
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#9
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Thinks s/he gets paid by the post
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it's ludicrous to suggest a restatement of what one person has said just to state that the statement not made was ludicrous
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04-29-2008, 04:43 PM
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#10
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Thinks s/he gets paid by the post
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Quote:
Originally Posted by d
it's ludicrous to suggest a restatement of what one person has said just to state that the statement not made was ludicrous
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it's ludicrous to suggest that someone stating what one person has said is ludicrous when that statement not made was ludicrous over the past 25 years is ludicrous
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04-29-2008, 05:14 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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fine
Here is ludicrous speed
someone had to do it.
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