WEALTHTRACK cover image

WEALTHTRACK

An Outstanding Global Investor’s Strategy for Investing in a High Risk World

Dec 19, 2024
Matthew McLennan, co-head of First Eagle Investment's global value team, offers keen insights on investing amid uncertainty. He highlights value in unexpected sectors and the importance of diversification, particularly in light of U.S.-China tensions. McLennan emphasizes gold as a stabilizing asset and explores lucrative opportunities in medical technology and international markets like Mexico. He also reflects on historical lessons for today’s investors, advocating for a well-rounded portfolio to navigate high-risk environments.
25:55

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Investors are finding attractive opportunities in undervalued international markets, particularly in Europe and Asia, amidst high U.S. valuations.
  • Increased geopolitical tensions necessitate diversification and prudent portfolio management to mitigate risks associated with unpredictable market outcomes.

Deep dives

Global Investment Opportunities and Market Valuations

Valuations for investments outside the United States appear more attractive compared to those within the U.S., where stock market capitalization has significantly expanded. Markets in regions like Europe and Asia are experiencing lower valuations, providing potential opportunities for investors seeking undervalued assets. This discrepancy highlights the changing dynamics of global markets, where U.S. markets seem elevated while many international markets remain relatively depressed. As a result, there’s a growing emphasis on diversification to capitalize on these differences in market conditions.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode