The Meb Faber Show: “Rare Opportunities Not-Seen In 35 Years: Catherine LeGraw of GMO Reveals”

The Meb Faber Show: “Rare Opportunities Not-Seen In 35 Years: Catherine LeGraw of GMO Reveals”
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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
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…
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20240426
