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by newaccount2023 1189 days ago
Grantham is correct that we have an everything bubble

but Grantham has also been declaring an imminent correction as long as I can remember, literally decades

you have to remember that these older analysts hail from another era...and it may be that in that era, our financial system was more "factual"...but you can't contextualize the world of 2023 (bullshit laden as it admittedly may be) by contrasting it with 1982...many of today's investors weren't even born