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> The same James Grant that predicted the junk bond meltdown, the same James Grant that predicted the dot-com bust, the same James Grant that predicted the hous

> The same James Grant that predicted the junk bond meltdown, the same James Grant that predicted the dot-com bust, the same James Grant that predicted the housing crash, the same James Grant that predicted the meltdown in Chinese resi.. He's a permabear. When you predict (for possibly years) that things will go down, and then they finally do... > The macro is only part of what they do. Macro/monetary is the focus of this discussion. > When you are read by pretty much every hedge fund manager in the world, when they will pay $2.5k to come to your conference, and $1.3k/year for a subscription...you are doing something right Robert Kiyosaki (of Rich Dad, Poor Dad) also charges quite a lot and is financially successful. Is he doing something right? :)

hogFeast 5y ago
He isn't. And the standard of proof in finance for claims is slightly higher than that...he isn't predicting "things will go down", he is making specific predictions that occurred (again, you seem to have these very specific views about someone whose work you have never read...interesting). No, it isn't. Bank stocks aren't macro. There are macro consequences but Grant's wrote extensively about individual stocks pre-08. How many hedge fund managers are paying Kiyosaki for resarch? :)