No. of Recommendations: 4
Ormont wrote: Let's assume that this piece is a valid predictor of our future. What would constitute a valid investing stance.

Jeff, you asked the $64 trillion question. Before I saw the new Grantham piece today, I had been working on the investment thesis. I have recently changed my thinking on part of the strategy. Part of it is so far out, I have to go off and take a sanity test first. If it seems coherent after some more thought I will post it. If not, I will revert to my previous thesis and post that.


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