Jeremy Grantham co-founded Grantham, Mayo, Van Otterloo & Co. LLC (GMO) in 1977.
GMO is an institutional investment management firm with over $20 billion under management. Jeremy Grantham serves as its chief investment strategist and oversees its quantitative products and investment strategies.
The firm runs over 35 equity investment products both traditionally and quantitatively managed for the U.S. and foreign markets including emerging countries.
The investment management business creates no value, but it costs, in round numbers, ...