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Subject:  Grantham interview Date:  6/21/2012  11:29 AM
Author:  grier22 Number:  44567 of 44633

Nice little Morningstar piece. I believe the ending reference about portfolios being 50% natural resources is a reference to his personal stuff, not GMO's. I liked the bit about markets being undervalued only about 10% of the time over the past 20 years. Long waits between the fat pitches.

El-erian's negative reaction to the Fed yesterday:
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