Which are the top stocks in India that pass the Jeremy Grantham filter?
As per Equitymaster's Stock Screener, these stocks could potentially meet Jeremy Grantham t's investing criteria.
- #1 M&M
- #2 ICICI BANK
- #3 SHRIRAM TRANSPORT
- #4 DR. REDDYS LAB
- #5 BAJAJ FINANCE
Jeremy Grantham is known for his pessimistic and cautious investing style. He firmly believes that that all asset classes and markets will revert to mean historical levels from highs and lows.
Investors are inspired by Grantham's ability to pick winning stocks that deliver long-term returns.
Who is Jeremy Grantham?
Jeremy Grantham is a famous investor. He is the co-founder of Grantham, Mayo & Van Otterloo; also known as GMO.
Grantham has built much of his investing reputation over the course of his career by identifying speculative asset bubbles as they were unfolding.
He became famous spotting and profiting from bubbles in Japan in the late 1980s, tech stocks at the turn of the century and in US housing before the 2008 financial crisis.
What is the Jeremy Grantham style of investing?
Grantham's investment philosophy can be summarised by his commonly used phrase "reversion to the mean."
Essentially, he believes that all asset classes and markets will revert to mean historical levels from highs and lows. Therefore, he seeks to understand historical changes in markets and predict results far into the future.
Which are the books recommended by Jeremy Grantham?
Taken from his writings, interviews, lectures, and shareholder letters over the years, here's a list of books recommended by Jeremy Grantham -
- The Wizard and the Prophet: Two Remarkable Scientists and Their Dueling Visions to Shape Tomorrow's World (Charles Mann)
- Dirt: The Erosion of Civilizations (David Montgomery)
- Immoderate Greatness: Why Civilizations Fail (William Ophuls)
- The End of Normal: The Great Crisis and the Future of Growth (James Galbraith)