Rare Opportunities Not-Seen In 35 Years: Catherine LeGraw of GMO Reveals

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/cathe...

(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/arti...
Magnificently Concentrated https://www.gmo.com/globalassets/arti...
GMO 7-Year Asset Class Forecast (Feb. 29, 2024) https://www.gmo.com/globalassets/arti...
Jump in the Deep End / GMO https://www.gmo.com/globalassets/arti...
What in Tarnation https://x.com/MebFaber/status/1357385...

-----

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...

-----

Follow Meb:
Twitter:   / mebfaber  
LinkedIn:   / mebanefaber  
Website: http://mebfaber.com/

To learn more about our products and follow us, subscribe to our mailing list: https://theideafarm.us1.list-manage.c...

Listen and subscribe on the platform of your choice:
Apple: https://podcasts.apple.com/us/podcast...
Spotify: https://open.spotify.com/show/6gEEIpE...

Follow The Idea Farm:
Subscribe (FREE!): www.theideafarm.com
Twitter:   / theideafarm  
LinkedIn:   / theideafarm-co  
TikTok:   / mebfabershow  
Instagram:   / reels