Jeremy Grantham warns the S&P 500 will ‘likely’ plunge another 40% minimum — here are 3 shockproof stocks in his portfolio to help limit the pain

With stocks pulling back substantially from earlier highs, some say that the market could reach a bottom soon. But according to legendary investor Jeremy Grantham, that’s not going to be the case.

In a recent interview with CNBC, Grantham predicts that the market tumble is far from being done.

“The other day, we were down 19.9% on the S&P…