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One of the doyens of Value Investing is Jeremy Grantham from GMO. He is most famous in Australia for declaring we have a housing bubble. He’s probably right, but I suspect it will take a while longer yet for that particular …
We read a lot of market information and commentary here at Affluence. Much of what is out there is mundane, boring even. Tim Price, luckily for us, is not and his regular articles normally also contain a hint of humour to help get us through the day. The quote above from Tim has rather succinctly summed up the current problem with Bond markets worldwide.