11-11-2008, 12:53 PM
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The Man Who Called the Crash Now Likes StocksBy Dr. Steve Sjuggerud November 11, 2008 Some call legendary money manager Jeremy Grantham a “superbear.” Back in 1998, when stocks were soaring, Grantham made a prediction: Stocks will lose 1.1% a year over the next 10 years. Investors, expecting 20%+ returns a year, took their money out of his fund. He wasn’t promising enough compared to [...]
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