[manaboutown]

Originally Posted by Boomer

For those of you following this thread and especially if you know who know who Jeremy Grantham is, you might want to take a look at the most recent episode of PBS Wealthtrack and hear him interviewed by Consuelo Mack. ( You can find it at wealthtrack.com)

Grantham is now 86, coherent as ever, with decade upon decade of market experience. Grantham has been right throughout, although sometimes having been called a Cassandra.

Boomer

PS:
JFTR:
(For those who do not remember, Cassandra was the woman in Greek mythology who got tangled up with Apollo and got the gift of prophecy. In mythology once a gift was bestowed, it could not be taken back, so in the stories, the gift is turned into a curse.

Cassandra’s gift of being able to predict the future was then cursed by Apollo who made it so nobody would believe her.

In the story of the Trojan War, Cassandra’s cursed gift doomed her to go running around inside the walls of Troy shouting her warning, “Do NOT bring that wooden horse inside our gates! Beware of Greeks bearing gifts!”)

Considering the Mag 7 and AI and all that entails, maybe we should beware of geeks bearing gifts.

Just watched this as I DVR her show. He made some excellent points. I bought into some non-US ETFs a while back and have watched them rise a little. Although I am remaining invested mostly in commercial real estate I now have enough in the stock market to warrant keeping up with what is going on with it.

The Shiller PE ratio was 36.60 at the 5/16/25 close. Shudder....