“There is a lot of pain still to be had in the equity markets, particularly aimed at the risky end of the spectrum. We think the fair value on the market is about a third lower in the U.S. . .”
Quote by Jeremy Grantham
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“If prices go down, we will have problems - problems in the sense of spillover to other areas.”
“The certainties of one age are the problems of the next.”
Source: Religion And The Rise Of Capitalism
