From “Reinvesting When Terrified” to Investing Purgatory Investing expert Jeremy Grantham’s market calls have a funny way of being vindicated. In the 1990’s, he was early to sound the alarm about frothy tech and internet stocks. Too early. As a result, Grantham’s money management firm, GMO, hemorrhaged billions in investor withdrawals. What happened next? All the...Read More
Avoiding Guilt by (Name) Association I can certainly understand why a bank or investment fund would want to have “First” in its name (“First National Bank of [ ______ ]).” The name that’s always puzzled me is “Fifth Third Bancorp,” headquartered in Cincinnati. Given the financial news the last few days, I thought a scorecard...Read More
