The legendary investor, whose background is in big stock crashes, says the market is heading for a bubble burst like the 1929 and 2000 crises. British billionaire Jeremy Grantham is the co-founder of investment management company GMO, which reportedly manages around $65 billion in assets. Grantham, who is worth an estimated $1 billion, previously put the probability of a stock market crash at 85%, but has since downgraded it to 70%. Despite falling numbers, Grantham is convinced the market has set the perfect conditions for bubbles like asset prices to burst, but said the advent of...