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The Fed Won't Save Us, But Here's How to Make Money - Barron's Interview with Jeremy Grantham

Gratham obviously reads Soros and Faber well. However, they made these statements in late 2007. Since then the market corrected well and while there might be 5% downside left, the rest of the traveling from here would be 70's style. What Grantham obviously likes to see is a perfect buying point for his firm, which is a dreamers point-of-perfection. With the $ so low, there are a lot of money on the sidelines waiting to invest in the unwavering Anglo-Saxon machine. While we did pay the price of having this decade go to waste, I think the perfect buying points are starting appear all around and it may take another another 5-6 months but never that late as 2010. Anyone who attempts to predict that far in the future, is a fool, left alone the "grandest thinker and oracle".
Rob
WallastonInvestments.c...