for over 40 years
GMO Quarterly Letter
In GMO’s latest Quarterly Letter, Lucas White discusses how resource equities, which continue to trade at deeply discounted valuations, offer investors a chance to capitalize on soaring commodity prices and protect their portfolios from inflation. We believe investors in the resources sector are likely to be rewarded with a compelling mix of strong returns, inflation protection, and diversification.
Read the 1Q 2022 GMO Quarterly Letter.
In his January 2022 viewpoint, Jeremy Grantham warned that we are in the fourth superbubble of the last hundred years in the U.S. All previous equity superbubbles corrected back to trend after displaying certain characteristics that have already occurred in today’s cycle. Read Jeremy’s paper.
GMO is partnering with our clients to navigate this superbubble. Learn more.
Humanity must achieve full sustainability, yet all key commodities required for decarbonizing our economy are finite in supply. We will have to innovate around resource shortages, price spikes, and climate damage that are almost certainly coming our way.