FYI: While GMO's forecasting abilities are widely respected, it seems like zipping around the market, slaloming around the market in that fashion could be quite tricky for an individual investor. I mean, how would one go about implementing that? Making sure that they're leaving themselves some margin for error given the fact that there's uncertainty that attends to these different forecasts that they'd be making.
Regards,
Ted
http://www.morningstar.com/videos/869672/grantham-emerging-markets-equities-priced-not-too-.html