If Jeremy Grantham Has a Changing Heart on Value Investing, Should You?
June 30, 2017 at 07:00 AM EDT
By Henry Ma, Julex Capital Management Jeremy Grantham, one of the most notable “top-down” value investor, recently had a changing heart on value investing. In his widely-read quarterly newsletter titled “This Time Seems Very, Very Different”, he noticed the average P/E ratio of the S&P 500...