Merry Christmas from Jim Grant
The editor of GRANT'S Interest Rate Observer gives us Mr. Market Miscalculates: The Bubble Years and Beyond which contains informative essays drawn from GIRO. Grant sticks with observation and let's prediction take a back seat, but his observations and prose are second to none in the industry. Grant is surely of the Austrian school, but you might not know it from reading the book other than his support of a return to the gold standard. Grant is above all value analysis in the tradition of Benjamin Graham and the almost forgotten school of "buy low, sell high." For anyone interested in figuring out the investment market this book would be of great assistance.
Comments (4)
eric lansing
"Over the years I read Mises, Hayek, Rothbard, and others on interest rates, capital, and the business cycle. I've long been inspired by Henry Hazlitt's career, someone who wrote as well as he did, and as long. To think that this man professed the ideas he did in the pages of the mainstream press is certainly startling and revelatory."
http://mises.org/journals/aen/aen16_4_1.asp
Published: December 10, 2008 12:18 PM
David
Glad to see this post on Jim Grant, because I was meaning to add these recent Grant interview clips to the forum. I will add them here now...
James Grant on Bloomberg radio talking about inflation and his new book (part 1 of 3):
http://www.youtube.com/watch?v=GIl2_brdT9s
James Grant talking with FT.com back in September of '08 about the credit crisis, government intervention into the economy, and sound money.
http://www.ft.com/cms/893ac9c8-757e-11dc-b7cb-0000779fd2ac.html?_i_referralObject=870883625&fromSearch=n
Enjoy the clips.
Published: December 10, 2008 1:46 PM
Yancey Ward
Poor Jim Grant. Buying low and selling high means no future for him in D.C.
Published: December 10, 2008 3:27 PM
J Cortez
Poor Jim Grant. Buying low and selling high means no future for him in D.C.
Why would anybody with ethics want a future in the district of criminals?
Published: December 10, 2008 5:09 PM