Tom Hancock

Tom Hancock, partner at GMO LLC and head of focused equity team, discusses quality stocks and launching ETFs. Topics include transition from computer science to finance, definition and analysis of quality stocks, impact of high interest rates on real estate market, and the success and future of ETFs at GMO.

Tom Hancock, a portfolio manager at GMO and head of the Focus Equity team, dives into the nuances of quality investing. He discusses key traits that define quality stocks and the importance of balancing quality with valuation in a volatile market. Hancock analyzes technology investments, including the Magnificent Seven and NVIDIA's status as a leader. The conversation also explores current challenges in the housing market, the pharmaceutical industry, and the strategic outlook for companies like Alphabet, all while underscoring the significance of long-term investment strategies.