The fundamental rule for investment holding is: if you cannot put new money into an asset today, you probably shouldn't own it, and the corollary is: if you already own it, maybe you should sell it—this framework means Grandich cannot justify starting or holding a general equity stock portfolio at current valuations and conditions.

normativepending

Speaker

Peter Grandich

Evidence Quote

If you can't put it in the stock market or a particular stock, then maybe you shouldn't own it...I couldn't start, Daryl, for my loved ones, for myself, for clients, a general equity stock portfolio right now.

Source

Warning: Peter Grandich Explains His Massive Short PositionVRIC Media
Created: 8/12/2026, 6:44:23 PM

My Notes

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