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Goldman Sachs’ Peter Oppenheimer - Concentration & Correction: What To Do Next | #572

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Manage episode 468853341 series 1058800
Content provided by The Idea Farm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Idea Farm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Today’s guest is Peter Oppenheimer, Goldman Sachs’ Chief Global Equity Strategist and Head of Macro Research. He’s also the author of Any Happy Returns: Structural Changes and Super Cycles in Markets, which explains how cycles help explain investor returns.

In today’s episode, Peter discusses how structural changes in macroeconomic drivers, geopolitics, government policy and social attitudes all combine to drive secular super cycles that help to explain investor returns. Then he focuses on what he calls the Post-Modern Cycle and how AI and de-carbonization may impact financial market returns and opportunities.

Throughout the episode, Peter emphasizes the need for diversification in investment strategies to both manage risk and enhance returns.

(0:00) Starts

(1:02) Introduction of Peter Oppenheimer

(2:22) The Four Phases of the Equity Cycle

(10:17) Thoughts on The US Market Today

(17:23) European Banks vs. US Tech Stocks

(20:32) Diversification and Sector Dominance in Equity Markets

(23:35) Long-term Structural Changes in Markets

(34:23) Personal and National Influences on Investing

(44:37) AI and Technological Investment Opportunities

(51:46) Valuation Cycles: China and the US

(58:02) Most Memorable Investment

-----

For detailed show notes, click here

-----

Sponsor: YCharts enables financial advisors to make smarter investment decisions and better communicate with clients. Get 20% off your initial YCharts Professional subscription when you start your free trial

-----

Follow Meb on X, LinkedIn and YouTube

To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com

Follow The Idea Farm: X | LinkedIn | Instagram | TikTok

-----

Interested in sponsoring the show? Email us at [email protected]

-----

Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.

-----

Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!

-----

Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

660 episodes

Artwork
iconShare
 
Manage episode 468853341 series 1058800
Content provided by The Idea Farm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Idea Farm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Today’s guest is Peter Oppenheimer, Goldman Sachs’ Chief Global Equity Strategist and Head of Macro Research. He’s also the author of Any Happy Returns: Structural Changes and Super Cycles in Markets, which explains how cycles help explain investor returns.

In today’s episode, Peter discusses how structural changes in macroeconomic drivers, geopolitics, government policy and social attitudes all combine to drive secular super cycles that help to explain investor returns. Then he focuses on what he calls the Post-Modern Cycle and how AI and de-carbonization may impact financial market returns and opportunities.

Throughout the episode, Peter emphasizes the need for diversification in investment strategies to both manage risk and enhance returns.

(0:00) Starts

(1:02) Introduction of Peter Oppenheimer

(2:22) The Four Phases of the Equity Cycle

(10:17) Thoughts on The US Market Today

(17:23) European Banks vs. US Tech Stocks

(20:32) Diversification and Sector Dominance in Equity Markets

(23:35) Long-term Structural Changes in Markets

(34:23) Personal and National Influences on Investing

(44:37) AI and Technological Investment Opportunities

(51:46) Valuation Cycles: China and the US

(58:02) Most Memorable Investment

-----

For detailed show notes, click here

-----

Sponsor: YCharts enables financial advisors to make smarter investment decisions and better communicate with clients. Get 20% off your initial YCharts Professional subscription when you start your free trial

-----

Follow Meb on X, LinkedIn and YouTube

To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com

Follow The Idea Farm: X | LinkedIn | Instagram | TikTok

-----

Interested in sponsoring the show? Email us at [email protected]

-----

Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.

-----

Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!

-----

Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

660 episodes

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