A Market Guru Talks Stocks

Veteran investor Jeremy Grantham says U.S. stocks look dangerously overpriced.

The stock market often rewards those who take the time to understand its patterns, history and long-term trends. Dreamstime/TCA

By Anne Kates Smith From Kiplinger’s Personal Finance

Jeremy Grantham, 87, studied economics at the University of Sheffield and attained an MBA at Harvard Business School before entering the investment field in the 1960s. He cofounded GMO, a Boston-based global investment management firm with more than $78 billion under management, in 1977.