<description>&lt;p&gt;Jeremy Grantham, co-founder and long-term strategist of GMO, has a long history of calling bubbles. As he recounts in his new memoir, &lt;em&gt;The Making of a Permabear: The Perils of Long-Term Investing in a Short-Term World&lt;/em&gt;, that includes spotting the dot-com bubble of the early 2000s, which some people see as analogous to the current excitement over AI. And when it comes to today's market, there are a lot of signs of frothiness you could point to. In this episode, we speak to Grantham about how he sees markets right now, including a watershed change for Big Tech stocks, the signs he watches out for to spot when a bubble might burst, and what really keeps him up at night.&lt;/p&gt; &lt;p&gt;Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox &amp;mdash; plus unlimited access to the site and app. Sign up at&amp;nbsp;&lt;a href="https://www.bloomberg.com/subscriptions/oddlots?in_source=oddlotspodcast" data-link-cookie="1" data-destination="https://www.bloomberg.com/subscriptions/oddlots?in_source=oddlotspodcast"&gt;bloomberg.com/subscriptions/oddlots&lt;/a&gt;&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

Odd Lots

Bloomberg

Jeremy Grantham on How to Tell If a Bubble Is About to Burst

JUN 18, 202659 MIN
Odd Lots

Jeremy Grantham on How to Tell If a Bubble Is About to Burst

JUN 18, 202659 MIN

Description

Jeremy Grantham, co-founder and long-term strategist of GMO, has a long history of calling bubbles. As he recounts in his new memoir, The Making of a Permabear: The Perils of Long-Term Investing in a Short-Term World, that includes spotting the dot-com bubble of the early 2000s, which some people see as analogous to the current excitement over AI. And when it comes to today's market, there are a lot of signs of frothiness you could point to. In this episode, we speak to Grantham about how he sees markets right now, including a watershed change for Big Tech stocks, the signs he watches out for to spot when a bubble might burst, and what really keeps him up at night. Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — plus unlimited access to the site and app. Sign up at bloomberg.com/subscriptions/oddlotsSee omnystudio.com/listener for privacy information.