1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
CanadianValue
CanadianValue
Articles (4619) 

What Is on Jim Grant’s Mind?

March 29, 2012 | About:

- Grant spoke recently to the NY Fed, where he told the Federal Reserve folks that they were doing everything wrong

- He is concerned about the “Unintended Consequences” of the Fed’s manipulative actions that are impacting asset prices across the board.

- Doesn’t like the Fed plan of boosting asset prices to make people feel good and spend money.

- The Fed is basically overriding the “price mechanism” and is manipulating prices, which is not capitalism.

- Prices should be based on value, not being determined by money printing.

- Grant is finding great value in single family houses.

- Grant thinks China is in the midst of a huge real estate liquidation, and that hopes of China leading the world in growth will lead to disappointment.

- Thinks a Republican winning the election this year would be very bullish.

About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 3.4/5 (17 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


gerrglorProfitable canadia
qlpqlpmyTestBuildB
harrisgreg07Main
pbarker465 values
OqulentOqulent
sean_golfCODE
pbarker46dividend stocks
daltechrao2
TFCDebt Free Div Payer
KetsinyongEV

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK