His favorite publicly traded stocks right now are Blackstone (NYSE:BX) and KKR (NYSE:KKR).
Yes, he likes the private equity managers because they have been beneficiaries of extremely low interest rates and the current ability to sell portfolio investments.
These companies yield over 6% and trade at a PE ratio in the single digits.
He thinks both companies offer a margin of safety at current prices.
It is rare for Grant to make public stock recommendations, so this might be worth paying attention to.