Tuesday, July 31, 2012

Jim Grant – World of Sin, Sorrow and Opportunity

Appearing on CNBC’s Squawk Box Tuesday morning, Jim Grant (Grant’s Interest Rate Observer) says:  “It is a world of sin and sorrow, and it usually is, but among these troubles there are opportunities.  So what we try to do is look for things that are unreasonably priced both to the upside and the downside.” 

Wisdom is often in the same room with simplicity.  Much more in the video below. 

   

Source: CNBC

http://video.cnbc.com/gallery/?video=3000105657


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