peter1234

As far as I know, he does not manage money directly. He is based in London and advises Boston based GMO on their (global) asset allocation. GMO manages a lot of money (like 100 billion or so). He writes insightful letters (also a few good books), always with a bearish touch. GMO has been right at the major turning points, oftentimes early. Their 7-10 year forecasted stock returns are probably as accurate as anyone's. Just my 2 cents.

Constructive, thank you very much for these interesting links! :)

Slightly off topic: A free Kindle eBook ;) Gems from Warren Buffett - Wit and Wisdom from 34 Years of Letters to Shareholders [Kindle Edition] http://www.amazon.com/exec/obidos/ASIN/B008G6S37M