Must see interview here. Jeremy Grantham, founder of GMO, discusses the mechanics of bubbles, where the next bubbles are forming, why equities are expensive and how Bernanke is repeating the mistakes of Greenspan:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.