The Making of a Permabear: The Perils of Long-term Investing in a Short-term World

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The Making of a Permabear: The Perils of Long-term Investing in a Short-term WorldDESCRIPTION : '[A] fine and essential work' Wall Street Journal 'Insightful and droll' Financial Times When Jeremy Grantham entered the investment business in the 1960s, he brought the thrifty Yorkshire values he had been raised with. While other money managers focused on blue chip stocks, he studied stock market history and constructed the first indices for small cap and value stocks. Charting their ebb and flow, he saw the powerful force that would

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