The Making of a Permabear: The Perils of Long-term Investing in a Short-term World

"The tension between what the market is doing and what, by the author’s lights, it ought to be doing, will keep investment-minded readers turning these smart and accessible pages....[A] fine and essential work.”—James Grant, The Wall Street Journal

From the renowned iconoclast investor comes a brilliant account of sixty years spent hunting for value and sidestepping bubbles in a changing financial world

When Jeremy Grantham entered the investment business in the 1960s, he brought the thrifty ...