Sorry, I literally haven’t read anything on this thread since I first posted. Market’s up a bit but don’t be fooled… bubble insanity almost always lasts longer than anyone thinks it will – that’s its very nature. You’re here so you know this.
Anyhow, great recent interview with Jeremy Grantham. He covers a lot of ground, including the current bubble, environment, Covid, and VC, among other things. Grantham is probably the foremost expert on financial bubbles and hasn’t gotten one wrong in his career. Just something to keep in mind if you watch and think, “This guy’s got it all wrong.”
The current bubble and implications are from roughly 06:00 to 20:00.
