GMO’s Grantham: Stocks ‘Decently Different This Time’

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Published on Apr 3, 2017

Jeremy Grantham, co-founder of Boston investment firm GMO, doesn’t expect valuations to drop back to normal levels for two decades. But he is keeping cash on hand to take advantage of any dip, which he says would need to be 15-20% to act. Photo: The Wall Street Journal

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