ClaimsJeremy Grantham

“The more common practice is to take out more when assets are overpriced”

Jeremy Grantham, GMO letter author October 2009 Jeremy Grantham GMO letter 3Q 2009: Just Desserts and Markets Being Silly Again (Scribd)

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Factual Economics and markets

The more common practice among endowments is to take out more money when assets are overpriced.

Not researched Checkable, but outside the sample that was researched.

Factual: Statements about the present or the past, checked against the record: did they hold up?

Said for an organisation they lead or work for; it counts on both records.

Cite this claim

Jeremy Grantham, “The more common practice among endowments is to take out more money when assets are overpriced.” (said October 2009). Verdict: not researched. Reliability API, claim c_7b3fb34f01f4, method 0.1.0+28da144b, dataset release v1.1.2. https://epistacklabs.com/claims/c_7b3fb34f01f4

This claim is in dataset release v1.1.2, with the same verdict.

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  5. Mixed Factual January 2023
    “in 1974 the market did turn up, after a horrific 62% real decline in two years, exactly”

    In 1974 the US market turned up, after a 62% real decline over two years, exactly as the first Fed rate cut took place.

All of them

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