Jeremy Grantham

A very important analysis by Jeremy Grantham.

Summary of the Summary: The world is using up its natural resources at an alarming rate, and this has caused a permanent shift in their value. We all need to adjust our behavior to this new environment. It would help if we did it quickly.

Link to Article

For Rhode Island folks – the one’s I’ve been badgering about real estate appraisal – I’d suggest we approach real estate values in terms of the broader, data-driven analysis that is Grantham’s bent – research on historical trends in not only real estate, but relevant commodities, transportation, food economies, energy, climate change (sea level rise), and population demographics.