The Making of a Permabear: The Perils of Long-term Investing in a Short-term World
by Edward Chancellor, Jeremy Grantham
The Making of a Permabear explores the challenges of long-term investing in a financial culture dominated by short-term thinking. Edward Chancellor and Jeremy Grantham examine the outlook of the persistent bear, offering a focused reflection on caution, market perspective, and the risks of enduring investment convictions.
About This Book
The Making of a Permabear explores the idea of becoming a “permabear”—an investor known for sustained caution about markets and asset prices.
Framed around the contrast between long-term investing and a short-term world, the book considers how time horizons influence financial judgment.
Edward Chancellor and Jeremy Grantham examine the perils and perspectives associated with maintaining a bearish outlook over the long term.
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