Not absolute cheap, just relatively cheap.
不是必然的便宜，只是与便宜相关。
Yet he is convinced that "by October 10th global equities were cheap on an absolute basis and cheaper than at any time in 20 years."
Grantham承认，他的想法和他们有冲突。但他仍然相信，“到10月10日，全球股价绝对是低廉的，比往后20年的任何时候都要低。”
Yet he is convinced that "by October 10th global equities were cheap on an absolute basis and cheaper than at any time in 20 years."
Grantham承认，他的想法和他们有冲突。但他仍然相信，“到10月10日，全球股价绝对是低廉的，比往后20年的任何时候都要低。”
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