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A little something everyone should read

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Check out the latest quarterly newsletter from GMO, there is a lot of interesting stuff in their, especially perhaps the admission of getting it wrong on Oil and missing the bust.  Also interesting is the assertion that the Us stock markets would end up in a bubble but aren't yet there (S&P 2300 is their target, will they get this wrong too?)

 

https://www.gmo.com/docs/default-source/public-commentary/gmo-quarterly-letter.pdf

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Thanks for this  It's a big doc with lots of info, I'll save it to read in full later. Cheers.

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