Think how weird profit margins are: We've got high unemployment and financial crises - and world record profit margins. People think the American market is very cheap. We don't. The market quite incorrectly gives full credit to today's earnings.

Jeremy Grantham
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Think how weird profit margins are: We've got high unemployment and financial crises - and world re
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Think how weird profit margins are: We've got high unemployment and financial crises - and world re
Think how weird profit margins are: We've got high unemployment and financial crises - and world re
Think how weird profit margins are: We've got high unemployment and financial crises - and world re
Think how weird profit margins are: We've got high unemployment and financial crises - and world re
Think how weird profit margins are: We've got high unemployment and financial crises - and world re
Think how weird profit margins are: We've got high unemployment and financial crises - and world re
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