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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Elroy Jetson who wrote (601)1/16/2018 1:11:59 PM
From: elmatador  Read Replies (1) of 13775
 
(Legendary value investor Jeremy Grantham,) continued by pointing out that Ben Graham, the father of value investing, noted that no bubble can break without "signs of real excess." He also noted Nobel Prize-winning economist Robert Shiller's perspective that "not nearly enough signs of euphoria were yet present to make this look like a late-stage bubble." (Shiller's perspective, as he points out, is important here. He was one of only a handful who predicted the market's collapse in 1999 and in 2006.)
http://www.nasdaq.com/article/are-we-entering-a-market-melt-up-cm905505
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