Everything You Need to Know About Global Warming in 5 Minutes

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    Jeremy Grantham is one of the world’s most successful investors, over a very long period of time. He founded Grantham Mayo Van Otterloo in 1977, which now manages $100 billion of capital for sophisticated investors from around the globe. He tends to take positions for his clients that anticipate the formation of bubbles and defend against their collapse. In short, he’s someone who’s thoughts matter, and the thoughts of his readers also matter.

    So it’s with extreme interest to me that Grantham devotes pages 7 and 8 of his most recent quarterly newsletter to the issue of climate change. It’s well worth reading. He breaks down the topic in a way reflecting the mind of a long-term strategist who is smart enough to understand risk-reward tradeoffs in a world of imperfect information. And, of someone who is deeply concerned about the environment — as reflected by his founding of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics.

    Read pages 7 and 8 as above…click here

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