This Piece of Shit is Back At It Again

[Gregmal]

https://www.cnbc.com/2026/06/26/jeremy-grantham-says-this-is-the-most-expensive-market-in-american-history.html

[Spooky]

Doomers gotta doom.

[Parsad]

He'll be right sooner or later!  Although I'm not sure the "piece of shit" comment is warranted.  He's just stating his belief...no different than the bulls or bears...or Blake and Cubs!

 

Cheers!

[Saluki]

He is right about the premise, but maybe not about the conclusion. Okay, the stock market is overpriced. So put your money somewhere else. Where? Gold and Silver are at all time highs. Buy a house? That's expensive everywhere. Park it in bonds? Those yields are really low. 

 

If you really believe the market is overpriced, and that's a big if, you could add up all your long positions and short S&P index futures in the same amount. That way, you avoided the "buy VTSX and Chill" strategy, and if your stocks crash along with the market, you will still do okay if they don't crash as much as the market. It's the equivalent of that old joke about the two guys who see a bear in the woods and one guy says "run". The punchline is that "I can't outrun the bear, but I can outrun you." 

[Jay Rent]

If you listened to him in 2022 or those who quoted him.   The piece of shit commit is warranted.  

[Gregmal]

1 hour ago, Parsad said:

He'll be right sooner or later!  Although I'm not sure the "piece of shit" comment is warranted.  He's just stating his belief...no different than the bulls or bears...or Blake and Cubs!

 

Cheers!

No, but this guy, masquerading around as a professional and as a “successful investor” feeds people this bullshit constantly. His performance is disgraceful, as is the relentless marketing of his “theme scheme”. Anybody who’s taken this guy seriously has likely been harmed financially. 

Edited 2 hours ago by Gregmal

[Parsad]

1 hour ago, Jay Rent said:

If you listened to him in 2022 or those who quoted him.   The piece of shit commit is warranted.  

 

41 minutes ago, Gregmal said:

No, but this guy, masquerading around as a professional and as a “successful investor” feeds people this bullshit constantly. His performance is disgraceful, as is the relentless marketing of his “theme scheme”. Anybody who’s taken this guy seriously has likely been harmed financially. 

 

There's millions of these guys.  The whole industry is built on institutional analysis, sales and service fees.  It's what gives us an advantage over everyone else because of this.

 

My investment partner said something really accurate this morning while we were discussing deal negotiations and how there is a real lack of creativity in deal financing.  He said:

 

"Finance guys always think they are the smartest guy in the room...and they just aren't!" 

 

Cheers! 

 

 

[Gregmal]

1 hour ago, Parsad said:

Finance guys always think they are the smartest guy in the room...and they just aren't!" 

Totally. You can always tell the finance guys by the ones whom make money every which way but from the actual investments working out. Fees, marketing, newsletters. That s what I found ironic about all the Elon Musk hate. These guys who are mainly just leeches are pissed that their button push wasn’t successful so they root against, bemoan, and routinely slander a guy who’s created more on any random Tuesday than they will in their entire lives….