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Hi, and welcome to the Longview.

I'm Christine Ben's Director of Personal Finance and Retirement Planning for Morning Star.

And I'm Dan Lefkowitz, strategist for Morning Star Indexes. Today on the podcast, we're delighted to welcome back Jeremy Grantham.

Jeremy is the long-term investment strategist at his namesake firm, Grantham Mayo von Otterloo and Company, or GMO, which he co-founded in 1977.

He serves on GMO's Asset Allocation Committee and Board of Directors.

Prior to GMO, Jeremy was co-founder of Battery March Financial Management, and before that was

an economist at Royal Dutch Shell.

He earned his undergraduate degree from the University

of Sheffield and his MBA from Harvard University. Jeremy is a member of the Academy of Arts

and Sciences, holds a CBE from the UK, and is a recipient of the Carnegie Medal of Philanthropy.

In 1997, he and his family started the Grantham Foundation for the Protection of

the Environment, which supports research and action to address climate change. Jeremy, welcome back

to the Longview. Pleasure to be here. Well, we're thrilled to have you back here. We wanted to start

by talking about bubbles, and you are a student of bubbles.

I was listening to an interview that you did where you talked about sort of your entry point

...