Comments on: Another bear (Jeremy Grantham) turns a little bit bullish http://curiouscapitalist.blogs.time.com/2008/10/20/another_bear_jeremy_grantham_t/ Commentary on the economy, the markets, and business Sat, 28 Nov 2009 23:56:37 +0000 http://wordpress.com/ hourly 1 By: lp1 http://curiouscapitalist.blogs.time.com/2008/10/20/another_bear_jeremy_grantham_t/comment-page-1/#comment-11641 lp1 Mon, 20 Oct 2008 20:54:06 +0000 http://curiouscapitalist.blogs.time.com/2008/10/20/another_bear_jeremy_grantham_t/#comment-11641 is it accurate to call it "bullish" when he's not talking about the actual prospects for the economy, but rather whether stocks are a better choice for today's arbitraguers? The problem with these kinds of analysists is that they aren't talking the same language as the average american, who wants to know where s/he can put his money and then forget about it, knowing it will both be safe, and provide a decent rate of return over the long haul. Most americans don't have the time (let alone the expertise) to "play the market" successfully, yet the press seldom notes that the people they quote about "where I'm putting my money" are people who "play the market" for a living. The "news" that people want is whether they should change the way that the money in their IRAs and 401ks is distributed -- and Grantham isn't talking about that. is it accurate to call it "bullish" when he's not talking about the actual prospects for the economy, but rather whether stocks are a better choice for today's arbitraguers?

The problem with these kinds of analysists is that they aren't talking the same language as the average american, who wants to know where s/he can put his money and then forget about it, knowing it will both be safe, and provide a decent rate of return over the long haul.

Most americans don't have the time (let alone the expertise) to "play the market" successfully, yet the press seldom notes that the people they quote about "where I'm putting my money" are people who "play the market" for a living. The "news" that people want is whether they should change the way that the money in their IRAs and 401ks is distributed -- and Grantham isn't talking about that.

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