Veteran investor Jeremy Grantham compared the AI boom to the railroad and internet bubbles, and said the chances it won't ...

Grantham, co-founder of money manager GMO, had a nasty but illustrative run-in with speculative small-caps early in his storied career. Here’s an excerpt from his new book, “The Making of a Permabear.

GMO warns that AI stocks are exhibiting the classic signs of being in a bubble. The firm sees parallels to the dot-com bubble, citing high valuations and speculation. Instead of AI, the firm likes ...

Jeremy Grantham’s GMO is paying the price for yet another contrarian call by its co-founder. Convinced that U.S. equities were unjustifiably expensive given the economic damage from the pandemic, the ...

For more than four decades, Jeremy Grantham has been one of the most contrarian voices in global investing. The co-founder of Boston-based asset manager GMO, he built his reputation warning about ...

The GMO co-founder explains why most investing “premiums” boil down to value—and why AI’s promise doesn’t spare it from a ...