Yihuai
2021-06-25
Dangerous
'Meme' investing...is a totally nihilistic parody of actual investing,' says Gratham who called 3 stock market bubbles
免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
我们需要你的真知灼见来填补这片空白
打开APP，发表看法
APP内打开
发表看法
3
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":126529980,"tweetId":"126529980","gmtCreate":1624579309040,"gmtModify":1634004183086,"author":{"id":3554954497894543,"idStr":"3554954497894543","authorId":3554954497894543,"authorIdStr":"3554954497894543","name":"Yihuai","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Dangerous</p></body></html>","htmlText":"<html><head></head><body><p>Dangerous</p></body></html>","text":"Dangerous","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/126529980","repostId":2146235550,"repostType":2,"repost":{"id":"2146235550","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624562220,"share":"https://www.laohu8.com/m/news/2146235550?lang=&edition=full","pubTime":"2021-06-25 03:17","market":"hk","language":"en","title":"'Meme' investing...is a totally nihilistic parody of actual investing,' says Gratham who called 3 stock market bubbles","url":"https://stock-news.laohu8.com/highlight/detail?id=2146235550","media":"Dow Jones","summary":"MW 'Meme' investing...is a totally nihilistic parody of actual investing,' says Gratham who called 3","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'Meme' investing...is a totally nihilistic parody of actual investing,' says Gratham who called 3 stock market bubbles\n</p>\n<p>\n By Mark DeCambre \n</p>\n<p>\n 'This is it guys, the biggest U.S. fantasy trip of all time,' says Grantham \n</p>\n<p>\n That is Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., in a recent interview on Bloomberg News this week , among others. \n</p>\n<p>\n Grantham noted the meme cryptocurrency dogecoin \"worth billions in the market and not even pretending to be serious investments.\" \n</p>\n<p>\n \"Dogecoin was created as a joke to make fun of cryptocurrencies being worthless, and not only has it taken off, but it's such a success that second-level joke cryptocurrencies making fun of Dogecoin have gone to multibillion-dollar valuations,\" he said. \n</p>\n<p>\n Indeed, AMC Entertainment is up over 2,500% in 2021 thus far, GameStop has gained over 1,000% in the year to date, Dogecoin is up by about 5,000%, despite a precipitous drop and BlackBerry shares, are up over 90% so far this year. \n</p>\n<p>\n By comparison, traditional assets have seen more mundane returns. The Dow Jones Industrial Average is up a more-than-respectable 12% so far in 2021, the S&P 500 has returned over 13% in the year to date and the Nasdaq Composite has made powerful comeback in June to nearly 12% in the first six months of the year. \n</p>\n<p>\n Grantham views the social-media driven, meme-stock moves as concerning and indicative of bubbles percolating in financial markets that will ultimately need to be contended with. \n</p>\n<p>\n Grantham is worth paying attention to due to his prescient calls over the years. He said that stocks were overvalued in 2000 and again in 2007, anticipating those market downturns, The Wall Street Journal reports . Grantham also signaled that elements of the financial market had become unmoored from reality leading up to the 2008-09 financial crisis. \n</p>\n<p>\n However, his bearishness thus far hasn't helped his core investment strategies, amid a relentless run-up in stocks, both traditional and meme. The Nasdaq Composite has already put in back-to-back record closes this week and was aiming for a 17th record finish on Thursday, while the S&P 500 index was also eyeing a record run of its own. \n</p>\n<p>\n Timing a downturn in the market is the problem for even the sagest of investors. It is impossible to know when things are collapsing for certain but the telltale sales are always present, he noted. \n</p>\n<p>\n \"The data, like today, is always clear, just uncommercial and inconvenient for the investment industry and often psychologically impossible to see for many individuals,\" Grantham told Bloomberg. \n</p>\n<p>\n -Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n June 24, 2021 15:17 ET (19:17 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Meme' investing...is a totally nihilistic parody of actual investing,' says Gratham who called 3 stock market bubbles</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Meme' investing...is a totally nihilistic parody of actual investing,' says Gratham who called 3 stock market bubbles\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-25 03:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'Meme' investing...is a totally nihilistic parody of actual investing,' says Gratham who called 3 stock market bubbles\n</p>\n<p>\n By Mark DeCambre \n</p>\n<p>\n 'This is it guys, the biggest U.S. fantasy trip of all time,' says Grantham \n</p>\n<p>\n That is Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., in a recent interview on Bloomberg News this week , among others. \n</p>\n<p>\n Grantham noted the meme cryptocurrency dogecoin \"worth billions in the market and not even pretending to be serious investments.\" \n</p>\n<p>\n \"Dogecoin was created as a joke to make fun of cryptocurrencies being worthless, and not only has it taken off, but it's such a success that second-level joke cryptocurrencies making fun of Dogecoin have gone to multibillion-dollar valuations,\" he said. \n</p>\n<p>\n Indeed, AMC Entertainment is up over 2,500% in 2021 thus far, GameStop has gained over 1,000% in the year to date, Dogecoin is up by about 5,000%, despite a precipitous drop and BlackBerry shares, are up over 90% so far this year. \n</p>\n<p>\n By comparison, traditional assets have seen more mundane returns. The Dow Jones Industrial Average is up a more-than-respectable 12% so far in 2021, the S&P 500 has returned over 13% in the year to date and the Nasdaq Composite has made powerful comeback in June to nearly 12% in the first six months of the year. \n</p>\n<p>\n Grantham views the social-media driven, meme-stock moves as concerning and indicative of bubbles percolating in financial markets that will ultimately need to be contended with. \n</p>\n<p>\n Grantham is worth paying attention to due to his prescient calls over the years. He said that stocks were overvalued in 2000 and again in 2007, anticipating those market downturns, The Wall Street Journal reports . Grantham also signaled that elements of the financial market had become unmoored from reality leading up to the 2008-09 financial crisis. \n</p>\n<p>\n However, his bearishness thus far hasn't helped his core investment strategies, amid a relentless run-up in stocks, both traditional and meme. The Nasdaq Composite has already put in back-to-back record closes this week and was aiming for a 17th record finish on Thursday, while the S&P 500 index was also eyeing a record run of its own. \n</p>\n<p>\n Timing a downturn in the market is the problem for even the sagest of investors. It is impossible to know when things are collapsing for certain but the telltale sales are always present, he noted. \n</p>\n<p>\n \"The data, like today, is always clear, just uncommercial and inconvenient for the investment industry and often psychologically impossible to see for many individuals,\" Grantham told Bloomberg. \n</p>\n<p>\n -Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n June 24, 2021 15:17 ET (19:17 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146235550","content_text":"MW 'Meme' investing...is a totally nihilistic parody of actual investing,' says Gratham who called 3 stock market bubbles\n\n\n By Mark DeCambre \n\n\n 'This is it guys, the biggest U.S. fantasy trip of all time,' says Grantham \n\n\n That is Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., in a recent interview on Bloomberg News this week , among others. \n\n\n Grantham noted the meme cryptocurrency dogecoin \"worth billions in the market and not even pretending to be serious investments.\" \n\n\n \"Dogecoin was created as a joke to make fun of cryptocurrencies being worthless, and not only has it taken off, but it's such a success that second-level joke cryptocurrencies making fun of Dogecoin have gone to multibillion-dollar valuations,\" he said. \n\n\n Indeed, AMC Entertainment is up over 2,500% in 2021 thus far, GameStop has gained over 1,000% in the year to date, Dogecoin is up by about 5,000%, despite a precipitous drop and BlackBerry shares, are up over 90% so far this year. \n\n\n By comparison, traditional assets have seen more mundane returns. The Dow Jones Industrial Average is up a more-than-respectable 12% so far in 2021, the S&P 500 has returned over 13% in the year to date and the Nasdaq Composite has made powerful comeback in June to nearly 12% in the first six months of the year. \n\n\n Grantham views the social-media driven, meme-stock moves as concerning and indicative of bubbles percolating in financial markets that will ultimately need to be contended with. \n\n\n Grantham is worth paying attention to due to his prescient calls over the years. He said that stocks were overvalued in 2000 and again in 2007, anticipating those market downturns, The Wall Street Journal reports . Grantham also signaled that elements of the financial market had become unmoored from reality leading up to the 2008-09 financial crisis. \n\n\n However, his bearishness thus far hasn't helped his core investment strategies, amid a relentless run-up in stocks, both traditional and meme. The Nasdaq Composite has already put in back-to-back record closes this week and was aiming for a 17th record finish on Thursday, while the S&P 500 index was also eyeing a record run of its own. \n\n\n Timing a downturn in the market is the problem for even the sagest of investors. It is impossible to know when things are collapsing for certain but the telltale sales are always present, he noted. \n\n\n \"The data, like today, is always clear, just uncommercial and inconvenient for the investment industry and often psychologically impossible to see for many individuals,\" Grantham told Bloomberg. \n\n\n -Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n June 24, 2021 15:17 ET (19:17 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":9,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/126529980"}
精彩评论