When legendary value investor Jeremy Grantham turned 80, he made two resolutions: “to be prepared to write a cheque up to the limits of your ability”, and to “say what you think you should say to everybody.”
He is following through on both commitments. He is saying what he thinks he should say to everybody, including us, to our benefit!
Jeremy Grantham to Invest $1 Billion in Climate Action.
Investor Jeremy Grantham plans to devote 98 percent of his net worth, or about $1 billion, to addressing the effects of climate change, Bloomberg Businessweek reports.
The British-born co-founder of investment management firm Grantham Mayo Van Otterloo (GMO) has been warning investors for years that humans are losing the “race of our lives” — and urging scientists to raise the alarm about data which suggest global warming is accelerating.
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