"The tension between what the market is doing and what, by the author’s lights, it ought to be doing, will keep investment-minded readers turning these smart and accessible pages....[A] fine and essential work.”—James Grant, The Wall Street JournalFrom the renowned iconoclast investor comes a brilliant account of sixty years spent hunting for value and sidestepping bubbles in a changing financial worldWhen Jeremy Grantham entered t...

'[A] fine and essential work' Wall Street Journal'Insightful and droll' Financial TimesWhen Jeremy Grantham entered the investment business in the 1960s, he brought the thrifty Yorkshire values he had been raised with. While other money managers focused on blue chip stocks, he studied stock market history and constructed the first indices for small-cap and value stocks. Charting their ebb and flow, he saw the powerful force...

From the renowned iconoclast investor comes a brilliant account of sixty years spent hunting for value and sidestepping bubbles in a changing financial worldWhen Jeremy Grantham entered the investment business in the 1960s, he brought the thrifty Quaker values and Yorkshire independence he had been raised with. While other money managers were focused on blue chip stocks, he studied stock market history and constructed by hand the first indices for small-cap and val...