Podcast: GMO's Catherine LeGraw - Capitalizing on Global Asset Allocation in 2024

Guest : Catherine LeGraw is a member of GMO’s Asset Allocation Team.

Recorded: 4/17/2024  |  Run-Time: 45:15 | Listen on Apple or Spotify

Summary: 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.

Links from the Episode: 

• (1:34) - Welcome to our guest, Catherine LeGraw

• (1:45) - Record Highs…But We’re Still Excited (March 2024)

• (8:04) - Quarterly Letter: Magnificently Concentrated (Q1 2024)

• (14:39) - The opportunity in deep value

• (17:10) - Opportunities in foreign stocks

• (20:38) - GMO 7-Year Asset Class Forecast (Feb. 29, 2024)

• (23:46) - Currency implications

• (24:56) - The current state of bonds

• (30:46) - Other interesting assets

• (34:35) - Jump in the Deep End / GMO

• (34:59) - Catherine’s most controversial opinion

• (37:04) - Catherine’s most memorable investment

• (38:41) - What in Tarnation

• Learn more about Catherine: GMO