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The Limits of Capitalism
Capitalism is good at balancing supply and demand but lacks altruism./nToxic waste and climate change are not addressed well by capitalism./nOil companies may have cost society stability in the long run.
Trey Lockerbie welcomes back billionaire and legendary investor Mr. Jeremy Grantham. Jeremy has a reputation for accurately predicting future events, including nearly every single bubble bursting over his career. During their conversation, Jeremy shares his thoughts on recent bank failures, Fed policy, and other world issues.
IN THIS EPISODE YOU’LL LEARN:
0:00 - Intro.
01:51 - Jeremy’s general thoughts on recent bank failures and Fed policy.
12:22 - A look at history and how long bear markets typically last.
36:00 - How Apple and Microsoft are eating the S&P 500?
46:52 - And other significant global concerns that are of interest to Jeremy.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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