Rare Opportunities Not-Seen In 35 Years: Catherine LeGraw of GMO Reveals
視聴回数 8,051 回
0
0
Subscribe to The Meb Faber Show podcast on your favorite platform so you never miss an episode! https://pod.link/1128955736
Today's guest is Catherine LeGraw, a member of GMO’s Asset Allocation Team.
In today’s episode, Catherine explains why this is “the best relative asset allocation opportunity we’ve seen in 35 years," and “we are building portfolios with some of the highest forecasted relative and absolute returns we’ve ever seen." She explains where she sees opportunity around the world today, why she’s excited about deep value and quality, and how she’s thinking about the Magnificent 7.
To see links or read the transcript of the episode, visit us at https://mebfaber.com/2024/04/26/catherine-legraw/
(1:24) - Welcome to our guest, Catherine LeGraw
(1:35) - Why Catherine thinks this is “the best relative asset allocation opportunity ... in 35 years"
(7:54) - The Magnificent 7
(14:29) - The opportunity in deep value
(17:00) - The opportunity in foreign stocks
(20:28) - 7-Year Asset Class Forecast
(23:36) - Currency implications
(24:46) - The current state of bonds
(30:36) - Other interesting assets
(34:25) - More discussion on deep value
(34:49) - Catherine’s most controversial opinion
(36:54) - Catherine’s most memorable investment
(38:31) - What in Tarnation
Resources:
Record Highs…But We’re Still Excited https://www.gmo.com/globalassets/articles/insights/asset-allocation/2024/gmo_record-highs---but-were-still-excited_3-24.pdf
Magnificently Concentrated https://www.gmo.com/globalassets/articles/quarterly-letter/2024/gmo-quarterly-letter_1q-2024.pdf
GMO 7-Year Asset Class Forecast (Feb. 29, 2024) https://www.gmo.com/globalassets/articles/gmo-7-year-asset-class-forecast/2024/gmo_7yrforecasts_2-29-24.pdf
Jump in the Deep End / GMO https://www.gmo.com/globalassets/articles/insights/asset-allocation/2023/gmo_jump-in-the-deep-end_6-23.pdf
What in Tarnation https://x.com/MebFaber/status/1357385747825790976
-----
Sponsor: Today's episode is sponsored by YCharts. YCharts enables financial advisors to make smarter investment decisions and better communicate with clients. Visit YCharts to start your free trial and be sure to mention "Meb" for 20% off your subscription (new clients only). View their Economic Update Visual Deck: https://go.ycharts.com/quarterly-econ-update-deck-for-advisors?utm_source=Meb+Faber&utm_medium=podcast&utm_campaign=pod_quarterly-econ-deck
-----
Follow Meb:
Twitter: https://twitter.com/MebFaber
LinkedIn: https://www.linkedin.com/in/mebanefaber/
Website: http://mebfaber.com/
To learn more about our products and follow us, subscribe to our mailing list: https://theideafarm.us1.list-manage.com/subscribe/post?u=6750faf5c6091bc898da154ff&id=7249739cdb
Listen and subscribe on the platform of your choice:
Apple: https://podcasts.apple.com/us/podcast/the-meb-faber-show/id1128955736
Spotify: https://open.spotify.com/show/6gEEIpE2eu1yndaFra4Cgb
Follow The Idea Farm:
Subscribe (FREE!): www.theideafarm.com
Twitter: https://twitter.com/TheIdeaFarm
LinkedIn: https://www.linkedin.com/company/theideafarm-co
TikTok: https://www.tiktok.com/@mebfabershow
Instagram: https://www.instagram.com/mebfabershow/reels/
Today's guest is Catherine LeGraw, a member of GMO’s Asset Allocation Team.
In today’s episode, Catherine explains why this is “the best relative asset allocation opportunity we’ve seen in 35 years," and “we are building portfolios with some of the highest forecasted relative and absolute returns we’ve ever seen." She explains where she sees opportunity around the world today, why she’s excited about deep value and quality, and how she’s thinking about the Magnificent 7.
To see links or read the transcript of the episode, visit us at https://mebfaber.com/2024/04/26/catherine-legraw/
(1:24) - Welcome to our guest, Catherine LeGraw
(1:35) - Why Catherine thinks this is “the best relative asset allocation opportunity ... in 35 years"
(7:54) - The Magnificent 7
(14:29) - The opportunity in deep value
(17:00) - The opportunity in foreign stocks
(20:28) - 7-Year Asset Class Forecast
(23:36) - Currency implications
(24:46) - The current state of bonds
(30:36) - Other interesting assets
(34:25) - More discussion on deep value
(34:49) - Catherine’s most controversial opinion
(36:54) - Catherine’s most memorable investment
(38:31) - What in Tarnation
Resources:
Record Highs…But We’re Still Excited https://www.gmo.com/globalassets/articles/insights/asset-allocation/2024/gmo_record-highs---but-were-still-excited_3-24.pdf
Magnificently Concentrated https://www.gmo.com/globalassets/articles/quarterly-letter/2024/gmo-quarterly-letter_1q-2024.pdf
GMO 7-Year Asset Class Forecast (Feb. 29, 2024) https://www.gmo.com/globalassets/articles/gmo-7-year-asset-class-forecast/2024/gmo_7yrforecasts_2-29-24.pdf
Jump in the Deep End / GMO https://www.gmo.com/globalassets/articles/insights/asset-allocation/2023/gmo_jump-in-the-deep-end_6-23.pdf
What in Tarnation https://x.com/MebFaber/status/1357385747825790976
-----
Sponsor: Today's episode is sponsored by YCharts. YCharts enables financial advisors to make smarter investment decisions and better communicate with clients. Visit YCharts to start your free trial and be sure to mention "Meb" for 20% off your subscription (new clients only). View their Economic Update Visual Deck: https://go.ycharts.com/quarterly-econ-update-deck-for-advisors?utm_source=Meb+Faber&utm_medium=podcast&utm_campaign=pod_quarterly-econ-deck
-----
Follow Meb:
Twitter: https://twitter.com/MebFaber
LinkedIn: https://www.linkedin.com/in/mebanefaber/
Website: http://mebfaber.com/
To learn more about our products and follow us, subscribe to our mailing list: https://theideafarm.us1.list-manage.com/subscribe/post?u=6750faf5c6091bc898da154ff&id=7249739cdb
Listen and subscribe on the platform of your choice:
Apple: https://podcasts.apple.com/us/podcast/the-meb-faber-show/id1128955736
Spotify: https://open.spotify.com/show/6gEEIpE2eu1yndaFra4Cgb
Follow The Idea Farm:
Subscribe (FREE!): www.theideafarm.com
Twitter: https://twitter.com/TheIdeaFarm
LinkedIn: https://www.linkedin.com/company/theideafarm-co
TikTok: https://www.tiktok.com/@mebfabershow
Instagram: https://www.instagram.com/mebfabershow/reels/
