Billionaire Jeremy Grantham calls the SpaceX IPO the ‘wildest’ in market history
SpaceX’s Market Debut Raises Eyebrows SpaceX has rapidly joined the Nasdaq 100 index, which connects the stock performance of Elon Musk’s rocket venture to the retirement portfolios and mutual funds of numerous American investors. However, Jeremy Grantham, co-founder of GMO and known for his bearish stance on markets, casts doubt on the company’s valuation and […]
Billionaire Grantham Chooses Strong Language to Discuss Bitcoin
Grantham’s Critique of Bitcoin Jeremy Grantham, who co-founded GMO, has expressed strong skepticism toward Bitcoin, labeling it as a “useless speculative mechanism” and predicting its decline in the coming decades. He draws parallels to his past critiques of both the dot-com bubble and the 2008 housing market collapse. His critique centers on three key failures […]