Saturday, December 06, 2008

Why Wall Street Always Blows It - The Atlantic (December 2008)

Why Wall Street Always Blows It - The Atlantic (December 2008): "In the words of the great investor Jeremy Grantham, who saw this collapse coming and has seen just about everything else in his four-decade career: “We will learn an enormous amount in a very short time, quite a bit in the medium term, and absolutely nothing in the long term.”"