Those who’ve gotten their hands on newly minted Airbnb shares at their listing price may be thinking the company’s IPO was too good to be true — and there are reasons to consider whether it was — but one new offering on the online booking platform is truly, for some, …
Read More »NewsWatch: Legendary investor called this stock market a ‘Real McCoy’ bubble, and now Jeremy Grantham’s fund is trailing the S&P 500 by 14 percentage points
MARKETWATCH FRONT PAGE Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., has seen his fund badly trail the broader stock market in 2020. See full story. Shopping for a new car on Black Friday? Beware of this clever car-dealership trick Timothy …
Read More »The Tell: Legendary investor called this stock market a ‘Real McCoy’ bubble, and now Jeremy Grantham’s fund is trailing the S&P 500 by 14 percentage points
Being too bearish in this pandemic-stricken U.S. stock market can be costly. That is apparently the lesson that Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., learned this year as his fund has seen clients pull billions of dollars from his …
Read More »