John Pease

John Pease, a quantitative researcher and partner at GMO, shares his insights into the current state of US stocks with a keen focus on their overvaluation and risks. He analyzes the shift from an overheated market to potential recession, advocating for deep value investing in high-quality companies. Pease discusses the controversial impact of passive vs. active investing on market dynamics, emphasizing how passive flows distort valuations. The conversation offers a primer on navigating challenging economic conditions and explores potential investment opportunities beyond US borders.