Legendary investor Jeremy Grantham: Cryptocurrencies are the "Emperor's new clothes"

01月
22
2022-1-22 05:59
share to
Scan QR code with WeChat

Jeremy Grantham, legendary investor and co-founder of money management firm Grantham, Mayo and van Otterloo (GMO), said in a statement that cryptocurrency is "the king's new suit". He wrote: "Crypto makes me look like a boy watching a naked king walk. So many dignitaries and organizations are praising his unattainable 'glamorous' shirt and I have to believe him. That's what I've learned not to trust.” prices were lower, and some money was exchanged for gold and silver (Sina).

Next:
The three main US markets have been closed.
Our main markets in the United States were completely closed. The Nasdaq fell 2.72% and 7.55% this week. The S&P 500 fell 1.89% and 5.69% this week. 2020. The week is falling; The Dow is down 1.3% and 4.58% this week, the biggest weekly drop since November 2020.
2022-1-22 05:29

Weekly News

Recommend