Capital Allocators – Inside the Institutional Investment Industry cover image

Jeremy Grantham – GMO (Manager Meetings, EP.01)

Capital Allocators – Inside the Institutional Investment Industry

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The Strategic Use of Leverage in Low-Interest Environments

This chapter explores the impact of low interest rates on investment strategies, especially in venture capital. It argues that cheap financing allows for higher returns with manageable risk while challenging common concerns about debt levels in a healthy economic environment.

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