Friday, August 10, 2012

GMO - Reports of the Death of Equities Have Been Greatly Exaggerated

Following up on "Bill Gross' PIMCO Monthly Outlook August 2012" and "Why Bill Gross is Wrong: Innovation and Long-term Returns on Equity"

BI Explaining Equity Returns 812 HT: GuruFocus

We have an awful lot of posts on expected future returns, use the Search Blog box, keywords "expected returns" or "equity risk premium".
For example, here's the above writer's boss:
Jeremy Grantham Sees 'ho-hum' returns for next 7 years
Climateer Line of the Day: Jeremy Grantham talks Food Crisis Edition
(the "Welcome to Dystopia" letter)