GMO provides the names of articles that have appeared during the year that include quotes by GMO investment professionals. Though we make full reprints of articles available from time to time on the website, it is not practical to do so for the majority of our media mentions. As such, if you would like reprints of any of the articles listed below that do not already appear on our website, please contact the publisher of the article directly. Articles that are available in our Library are noted with an asterisk after the title. You must be a registered user to access articles in the Library.
Wall Street Journal, December 29, 2010
In the online edition of the Wall Street Journal, 'ROI' columnist Brett Arends notes Jeremy Grantham among "people who have been right over the past decade" who "are mostly still gloomy" ("Why I Don't Believe in This Santa Rally").
Bloomberg, December 28, 2010
Bloomberg covers comments from Jeremy Grantham on quality stocks ("Grantham, Yacktman Stick With Big Stocks After 2010 Disappoints," by Charles Stein).
Toronto Globe & Mail, December 27, 2010
In a column on the Dogs of the Dow strategy, Jeremy Grantham is cited among strategists "pointing out that high-quality, defensive stocks with international exposure - the prime roaming grounds for the Dogs - have been virtually ignored as investors charge into higher-risk names" ("Dogs could have their day in 2011: Why picking the highest-yielding dividend stocks in the blue-chip index might pay off next year," p. B7, by David Berman).
Economic Times (India), December 26, 2010
Arjun Divecha was the subject of a feature interview yesterday in The Economic Times of India ("Developed markets can do better than the emerging: Arjun Divecha, GMO," by Tanvir Gill).
Financial Times, December 6, 2010
Edward Chancellor contributes 'The Last Word' commentary today in the Financial Times 'FTfm' special section ("Japan begins to look pretty cheap"). See text online (registration required) at: http://www.ft.com/cms/s/0/95ea622c-ff0b-11df-956b-00144feab49a.html
CNBC, November 11, 2010 (video)
In an extended interview, Jeremy Grantham of GMO talks to Maria Bartiromo about the markets, the economy, and his investment strategy"; online at:
Financial Times, November 1, 2010
Edward Chancellor contributes 'The Last Word' commentary today in the Financial Times 'FTfm' special section ("Capt Bernanke on course for icebergs"). See text online (registration required) at:
Barron's, November 1, 2010
The Barron's weekly 'Preview' this week quotes the GMO Quarterly Letter on the Fed ("The Big Queasy: Wary of Boarding QE2," p. 17, by Robin Goldwyn Blumenthal).
Financial Times, November 1, 2010
Jeremy Grantham and Eva Greger comment in a feature on timber in the Financial Times 'FTfm' special section. ("Trees branch out as an asset class: There are good arguments for including timber in a long-term portfolio," by Sophia Grene.)
New York Times, October 28, 2010
The New York Times 'DealBook' blog reports today on the GMO Quarterly Letter ("Fed's Bond Program Labeled a 'Ponzi Scheme'").
Barron's, October 28, 2010
The 'Up & Down Wall Street Daily' column in the online edition of Barron's cites the GMO Quarterly Letter ("Markets' 'Liquid Courage' Sapped: Prospects of smaller Fed liquidity injection hits stocks. Time to sober up?," by Randy Forsyth).
Bloomberg, October 12, 2010
A Bloomberg story from Sydney noted Jeremy Grantham "among those warning of a housing bubble in Australia" ("Australia Can Handle Worst Mortgage-Loan Defaults, Fitch Stress Test Shows," by Nichola Saminather).
New York Times, October 10, 2010
Ben Inker appeared in a story on world-allocation funds in the New York Times 'Mutual Funds Report' quarterly special section Sunday ("A Big-Picture Way to Run a Portfolio," p. BU21, by Conrad de Aenlle).
The Observer, October 10, 2010
A commentary in The Observer cited Jeremy Grantham on U.K. real estate values ("This can't go on: house prices must drop or wages must rise. Which seems more likely? One veteran fund manager warns that he has only ever seen two bubbles that have failed to deflate. How much longer can the UK property market remain one of them?," p. 53, by Julia Finch).
Wall Street Journal, October 2, 2010
Ben Inker commented in a 'Wealth Manager' story on risk-parity funds ("How Risky Are Those Low-Risk Funds?," p. B9, by Eleanor Laise).
Euromoney, September 2010
Jeremy Grantham is cited in an 'Inside Investment' commentary on asset bubbles in Euromoney ("Bubble trouble: If central banks want to become macro prudential regulators, identifying asset price bubbles is necessary but not sufficient," by Andrew Capon of State Street Global Markets).
Institutional Investor, September 2010
A feature on the Alaska Permanent Fund in the September issue of Institutional Investor magazine cites GMO among the plan's "external CIOs" ("Jeffrey Scott Forges Trail for Alaska's Sovereign Wealth Fund: Former Microsoft assistant treasurer and hedge fund manager Jeffrey Scott preaches the importance of absolute returns for Alaska's $33 billion sovereign wealth fund," by Julie Segal).
Financial Advisor, September 2010
In the September issue of Financial Advisor magazine, a feature on the outlook for small-cap stocks quotes from the GMO Quarterly Letter ("Are Small Caps' Outsized Gains Over? Momentum seems to favor small-cap stocks over their large-cap counterparts," p. 99, by Bruce Fraser).
Fortune, September 30, 2010
The 'Street Sweep' column in Fortune's online edition covers the "Finance Goes Rogue" section of the GMO Quarterly Letter ("Is Wall Street Twice the Size it Should Be? Denizens of the money-making capital of the world better brace themselves for more layoffs," by Duff McDonald).
MarketWatch, September 21, 2010
MarketWatch columnist Paul Farrell quoted Jeremy Grantham from his October 2008 interview in Barron's ("Hatred is killing your profits; new meltdown ahead: Washington and Wall Street cannot hear warnings; you must protect yourself").
Investor's Business Daily, September 21, 2010
Arjun Divecha commented in a front-page story on India in Investor's Business Daily ("Profits Scarce In Red-Hot India," p. A1, by Reinhardt Krause).
Financial Times, September 13, 2010
Edward Chancellor contributes 'The Last Word' commentary today in the Financial Times 'FTfm' special section ("A Japanese lecture for bond investors"). See text online (registration required) at:
Financial Times, September 11, 2010
The 'Adventurous Investor' column in the weekend edition of the Financial Times featured comments from James Montier on asset allocation ("A battle plan to combat risk," by David Stevenson).
Morningstar, September 8, 2010
Morningstar recommends the Vanguard Dividend Appreciation ETF as "the best option for investors who are interested in owning a fund holding the companies GMO invests in" in the GMO Quality strategy ("Using ETFs to Mimic Mutual Fund Managers' Ideas: How to use ETFs to implement fund managers' current ideas at lower costs," by Robert Goldsborough).
Pensions & Investments, September 6, 2010
Ben Inker comments in this week's Pensions & Investments in a feature exploring whether U.S. Treasuries are in "bubble territory" ("Bond bubble talk spurs asset shift: Investors should buy higher yielding paper, even equity,'" by Doug Appell).
The Economist, September 4, 2010
The 'Buttonwood' column in The Economist cites James Montier's "A Man from a Different Time" paper ("Divvying up returns: Investors should pay more attention to dividends").
The Guardian, September 3, 2010
The 'Viewpoint' column in U.K. daily The Guardian covered the GMO Quarterly Letter on quality stocks ("Investing? Quality is the best policy: Jeremy Grantham's theory that quality shares are undervalued ought to be taken seriously," by Nils Pratley).
Pensions & Investments, August 23, 2010
In a story in this week's Pensions & Investments on Korean pension funds exploring strategic partnerships with asset managers, Alaska Permanent Fund's Michael Burns comments on the plan's experience with its "external CIOs" including GMO ("Strategic partners in fashion with Korean plans: Follow U.S. model to diversify from domestic securities," p. 8, by Drew Carter).
Sunday Business Post, August 22, 2010
A commentary in Ireland's Sunday Business Post quoted from the fourth-quarter GMO Quarterly Letter ("It's time to cut the financial services industry down to size," by Kathleen Barrington).
P&I Daily, August 13, 2010
P&I Daily reported on Myra Drucker joining GMO's board of directors ("Drucker joins GMO board," by Doug Appell).
The Economist, August 14, 2010
Jeremy Grantham is cited in a story on valuations in British housing ("Whose backyard is it anyway? Britain's various home-ownership manias serve the next generation ill").
Financial Times, August 11, 2010
In an 'Insight' commentary, Financial Times columnist John Plender covers the GMO Quarterly Letter on quality stocks ("The puzzle behind blue chip valuations").
Reuters, August 5, 2010
A Reuters commentary today from Sydney on the interest-rate outlook in Japan cites Jeremy Grantham on risks of deflation in the U.S. ("JGB yields primed to fall further below 1 pct," by Clyde Simpson of IFR Markets).
Financial Times, August 2, 2010
Edward Chancellor contributes 'The Last Word' commentary today in the Financial Times 'FTfm' special section ("How states nurture bubbles and strife"). See text online (registration required) at:
Wall Street Journal, August 2, 2010
Jeremy Grantham is cited in the lead story in the Wall Street Journal's Money & Investing section ("Big Investors Fear Deflation: Bill Gross Among Those Bracing for Possible Decline in Prices: 'It's Happening,'" p. C1, by Greg Zuckerman).
Citywire, July 31, 2010
U.K. industry publication Citywire reported Friday on James Montier's, "Is Austerity the Road to Ruin?" ("James Montier: The 'Austerians' will destroy the recovery and usher in deflation," by Matthew Goodburn).
Investment Adviser, July 26, 2010
In a commentary on U.K. real estate this week for the FT's Investment Adviser magazine, Philip Coggan of The Economist cites GMO data on asset bubbles ("What goes up must come down").
Chicago Tribune, July 29, 2010
The Chicago Tribune's syndicated 'On Money' column reports on Jeremy Grantham's remarks Tuesday before the CFA Institute's financial analysts seminar in Chicago ("Money guru backs blue chips, mocks 'loony' gold," p. 28).
CBS MoneyWatch, July 27, 2010
The CBS MoneyWatch 'Retirement Beat' column yesterday cited the GMO Quarterly Letter on quality stocks, linking to the publication's July 21 article on the letter ("Top Money Managers: Stocks Best Value Today," by Carla Fried).
Financial Times, June 14, 2010
The Financial Times 'FTfm' special section cites Ben Inker's white paper on risk parity ("Launch puts focus on risk parity," by Sophia Grene). See text online (registration required) at:
CBS MoneyWatch, June 10, 2010
The CBS MoneyWatch 'Against the Grain' column yesterday followed up on its report on Tuesday of a conversation with Jeremy Grantham ("Grantham Advises Nibbling at High-Quality Stocks in Soft Market," by Conrad de Aenlle). See the story text below; online at:
Financial Times, June 7, 2010
Edward Chancellor contributes 'The Last Word' commentary in the Financial Times 'FTfm' special section ("The dreadful potential of frugality"). See text online (registration required) at:
Institutional Investor, May 2010
A story among the cover features of the May issue of Institutional Investor covers the magazine's inaugural U.S. Investment Management Award winners, including GMO for Value Investing Manager of the Year ("Brave New World of Money Management: In the wake of the worst financial crisis in decades, top money managers and investors reveal what it will take to succeed," p. 30, by Fran Denmark). See the story below; online at:
Barron's, May 31, 2010
Arjun Divecha comments in this week's Barron's 'Asian Trader' column ("Putting a Price on Strife: Thailand, South Korea carry plenty of risk," p. M6, by Leslie Norton). See the story online (subscription required) at:
Value Investor Insight, May 28, 2010
In the lead feature in the May 28 issue of the monthly newsletter Value Investor Insight, James Montier is one of five "top investors" interviewed "to share their insights on the lessons learned from the crisis, as well as on the risks and opportunities they consider most important today" ("Wealth of Experience: Experience is only valuable if you learn from it. Five top investors share their insights on applying yesterday's key lessons to today's opportunities," p. 1). See the introduction and interview (subscription required) at:
WSJ.com, May 21, 2010
The 'ROI' column in the online edition of the Wall Street Journal today cites Jeremy Grantham among "top-notch investors questioning current valuations" ("It's the Valuations, Stupid," by Brett Arends). See the story online at:
Crain's New York Business, May 17, 2010
Crain's New York Business yesterday reported on remarks from Jeremy Grantham at the CFA Institute annual conference ("Wall Street's gone rogue, says famed investor: Jeremy Grantham, the angry co-founder of GMO slams not just ethically challenged bankers and brokers, but also the executives of money management and financial advice firms," by Aaron Elstein). See text below; online at:
Financial Times, May 3, 2010
Edward Chancellor contributes 'The Last Word' commentary today in the Financial Times 'FTfm' special section ("Greece a bad omen for others in debt"). See text online (registration required) at:
The Australian, May 3, 2010
The Australian today features comments from Edward Chancellor on the Australian property market ("Housing tipped for price implosion: The sector is in line for a crash, says the man who forecast the financial crisis," p. 11, by Katherine Jimenez). See the text online at:
PBS (Nova), April 27, 2010
Jeremy Grantham appeared yesterday evening with a comment on asset bubbles in an episode of the PBS series 'Nova' exploring "why mainstream economists failed to predict the crash of 2008 and why we so often make irrational financial decisions" ("Mind Over Money: Can markets be rational when humans aren't?"). The video of the full program can be viewed online at: http://video.pbs.org/video/1479100777
Guardian (U.K.), April 27, 2010
The 'Viewpoint' column today in U.K. daily The Guardian quotes the GMO Quarterly Letter on Fed rate policy ("Bailed out banks are feeding off our savings," by Nils Pratley). See the commentary online at:
MarketWatch, April 24, 2010
MarketWatch's 'Weekend Investor' column Saturday cited GMO's asset-class forecasts for U.S. equities ("The case against buying small-cap stocks now," by Jonathan Burton). See the story online at:
Bloomberg, April 23, 2010
Bill Nemerever comments today in a Bloomberg story on the Greek fiscal crisis ("Greek Bonds Approach Pakistan Levels on Debt Concern," by Keith Campbell and Ben Levisohn). See the story online at:
Financial Times, April 12, 2010
Edward Chancellor contributes 'The Last Word' commentary in the Financial Times 'FTfm' special section ("Bubbles: a Victorian lesson in mania"). See text online (registration required) at:
Toronto Globe & Mail, April 10, 2010
Money manager Avner Mandelman covered the "China's Red Flags" white paper in his 'Buy Side' column for the Toronto Globe & Mail's weekend edition ("China mania: A wired bus that must keep speeding: These signs point to potential troubles on the economic landscape for China," p. B9).
P&I, April 5, 2010
Pensions & Investments includes an article on Ben Inker's risk parity paper ("Manager rains on the risk parity parade: GMO's Inker says now is not time to cut stocks and boost leverage," by Douglas Appell). Full story is available (with subscription) online at:
BNN TV: SqueezePlay, April 1, 2010
Edward Chancellor appeared Thursday on BNN's 'SqueezePlay' program in an interview focusing on the possibility of a China bubble ("China's Ten Big Red Flags: Are there mounting signs that China's aggressive fiscal and monetary policy is causing the Chinese economy to overheat? BNN speaks to Edward Chancellor, senior member of the asset allocation team, at GMO LLC."). The 11-minute segment can be viewed online at:
Money, March 2010
Ben Inker comments in the March issue of Money magazine in a story on diversification ("Why Diversification Will Work Again: Don't let the recent past color your thinking. As the economic picture brightens, asset returns won't all look the same," p. 57, by Paul Lim).
Barron's, March 29, 2010
This week's Barron's 'Up and Down Wall Street' column covers Edward Chancellor's piece on China ("Red Flags Over China; Is the booming Chinese real-estate market headed for a bust? A savvy pro's dire warning," page 7, by Alan Abelson).
Financial Times FTfm, March 29, 2010
In the Financial Times 'FTfm' supplement today, available in the UK edition, Ben Inker is cited in the 'Investment Strategy' section in an item on shorting government bonds ("Shorting government bonds gets thumbs up," by Sophia Grene) and also in the 'Pensions' section in an article on pension fund accounting accounting ("Investors like clarity on pension liabilities," by Sophia Grene).
National Post (Canada), March 25, 2010
Canada's National Post today covers GMO's "China's Red Flags" white paper ("China's financial bubble ready to pop," p. FP6, by Ian McGugan). See text online at: http://www.financialpost.com/story.html?id=2723055
TheStreet.com, March 15, 2010
TheStreet.com covers the GMO Quarterly Letter and asset-class forecasts for U.S. quality and emerging-market stocks ("Five Money Managers Who Got It Right: These five investors, who recorded the biggest gains since the stock market reached a low a year ago, prepare for the next stage of the rally," by Jake Lynch and Gregg Greenberg). See the last item in the story online at:
Wall Street Journal, March 11, 2010
The 'MarketBeat' column in the online edition of the Wall Street Journal yesterday covered an interview of James Montier by Miguel Barbosa of the Simoleon Sense blog ("Worth Reading: James Montier," by Matt Phillips). See online at: http://blogs.wsj.com/marketbeat/2010/03/11/worth-reading-james-montier/
Financial Times, March 1, 2010
Edward Chancellor contributes 'The Last Word' commentary today in the Financial Times 'FTfm' special section ("How long has the lucky country got?"). See online at:
Institutional Investor, February 2010
The February issue of Institutional Investor magazine carries a new 'Inefficient Markets' commentary by Edward Chancellor ("Go with the Flow: Good news! Economies can keep on growing even if credit doesn't," p. 18). See text online at: http://www.nxtbook.com/nxtbooks/ii/iv1564/#/20
Bloomberg.com, February 26, 2010
GMO is the subject of a Bloomberg newswire feature ("Grantham's 'Horrifically Early' Calls Challenge GMO," by Charles Stein). See the story online at: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=acHuyvvitg6U
The Spectator (U.K.), February 13, 2010
Jeremy Grantham is cited this week in a commentary on the London real estate market in The Spectator ("The property bubble is waiting to burst: Andrew Gimson asks why, in the middle of a violent recession, London property is still so hideously overvalued. The real pain may be yet to come"). See the story online at:
Barron's, February 8, 2010
Alan Abelson covers the GMO Quarterly Letter in his 'Up & Down Wall Street' column in this week's Barron's ("Out of Hibernation? Bears show their ugly heads, and markets everywhere take a pasting. Jeremy Grantham on financial razzmatazz.," p. 11). See the column online at:
National Post (Canada), February 6, 2010
A commentary in the weekend edition of Canada's National Post referenced James Montier's paper, "Graham's net-nets: outdated or outstanding?" ("Graham's value stocks do exist: 'Net-nets' sell for less than the cash they hold," p. FP8, by Ian McGugan, Financial Post). See the full story; online at:
CBS MoneyWatch, February 2, 2010
The CBS MoneyWatch 'Retirement Beat' column today covers the GMO Quarterly Letter ("An Illustrated History of Why Diversification Works," by Carla Fried). See the story online at:
Financial Times, February 1, 2010
Edward Chancellor contributes 'The Last Word' commentary today in the Financial Times 'FTfm' special section ("China: hard to extinguish speculators' animal spirits"). See text online at:
Money, January, 2010
In a feature in the January 'Investor's Guide 2010' issue, Morningstar director of equity research Pat Dorsey quotes the third-quarter GMO Quarterly Letter on quality stocks and cites GMO's asset-class forecasts from 1999 ("What's Ahead for Stocks: Less than a year after the market began to recover, uncertainties abound. Now more than ever you need to focus on stocks that offer good values, stable growth, and reliable yields," p. 110).
Institutional Investor, December '09/January '10
The December/January issue of Institutional Investor magazine carries a new 'Inefficient Markets' commentary by Edward Chancellor ("China's Grabbing Hand: Extensive corruption and a big state threaten to undermine the Chinese economy's dynamism"). See text of the commentary online at: http://www.iimagazine.com/Article.aspx?ArticleID=2359869
Wall Street Journal, January 26, 2010
The Wall Street Journal's 'Deal Journal' blog yesterday covered the GMO Quarterly Letter ("Prop Trading: 'The Rot at the Heart Of Our Financial Problems,'" by Michael Corkery). See text online at:
New York Times, January 24, 2010
Ben Inker commented in the 'Fundamentally' column in Sunday's New York Times ("Three Faces of Market Danger," p. BU3, by Paul Lim).
MarketWatch, January 22, 2010
Hulbert Financial Digest editor Mark Hulbert cited Jeremy Grantham Friday in a MarketWatch story on the presidential election year cycle ("A second look at second years: Second years of Presidential terms aren't always bad for stocks"). See the story online at:
Ignites, January 14, 2010
Ignites reports on plans by Wells Fargo to reorganize and rebrand the Evergreen Funds ("Integration Plans Spell Extinction for Evergreen Funds: Following unanimous votes from both companies' boards, Wells Fargo Wednesday unveiled its plan for the integration of the Evergreen Family," by Hannah Glover).
Toronto Globe & Mail, January 12, 2010
The 'Portfolio Strategy' column quotes Jeremy Grantham from a New York Times story last month ("Pass on junk and stock up on quality: The risky stocks may look more promising for big gains, but here are three blue chips that can provide the same," p. B13, by John Reese).
Morningstar, January 11, 2010
Morningstar's new analysis of three-star GMO Emerging Country Debt notes the fund leads Morningstar's emerging-markets bond category in 10-year total return.
Financial Times, January 11, 2010
Edward Chancellor contributes 'The Last Word' commentary today in the Financial Times 'FTfm' special section ("Ben Bernanke has learnt so little"). See online at: http://www.ft.com/cms/s/0/668ec428-fc87-11de-bc51-00144feab49a.html
The Economist, January 9, 2010
Jeremy Grantham is cited in a 'Briefing' feature on risks of a bubble forming in asset prices ("The danger of the bounce: Once again, cheap money is driving up asset prices," p. 69).
Associated Press, January 8, 2010
A story cited the third-quarter GMO Quarterly Letter on fair value for the S&P 500 ("Main Street to Wall Street: We don't buy the rally: Small investors steer clear of bull market," by Bernard Condon).