Global Investing Strategies for Uncertain times with Matthew McLennan

Investing the Templeton Way

Managing Risk in a Volatile Market with Matthew McLennan's Approach

The investment landscape has evolved significantly over the years, and with the uncertainty in the market, it is essential to adapt strategies accordingly to stay ahead of the game. As an investor, you must be open to new opportunities and practice intellectual humility, patience, and flexibility in your strategy. Methods should include differentiated investment approaches and a dedicated focus on long-term returns. Investors can make the mistake of obsessing over near-term economic metrics, including inflation, or striving for perfection in short-term results.

Join our conversation with guest Matthew McLennan as he shares his investment philosophy, risk management strategies for a volatile market, and outlook for the global economy. As co-head of the Global Value team and a portfolio manager of various strategies, Matthew has a wealth of experience in the investment industry. Prior to joining First Eagle, he co-founded and co-managed a focused global equity portfolio for offshore private wealth clients at Goldman Sachs Asset Management in London. He also served as the equity chief investment officer of the investment strategy group for Goldman Sachs' private client business. Learn how to create a high-performance investment portfolio that stands the test of time.
What You Will Learn:

● [00:01] Episode intro and a quick bio of the guest, Matthew McLennan

● [02:55] How Matthew became interested in investing and in pursuing it as a career

● [06:53] Investing landscape and how Matthew has adapted his strategy to stay ahead of the curve

● [08:58] Revolutionizing the traditional ways of handling balance sheets and asset

● [11:45] Matthew's experience with the market and interest rates and how he repositioned

● [19:19] How Matthew has preserved the culture of the First Eagle in the changing market

● [23:38] First Eagle; the use of gold and cash in the portfolio and the strategy behind it

● [28:51] Mistakes investors make in the gold market in inflation and financial repression

● [33:01] How Matthew goes through the decision-making process of holding gold

● [34:44] First Eagle distribution in the world and the opportunities they see outside the US

● [38:41] Where Matthew draws the line for factors that are more complex to a bottom-up analyst

● [41:29] Tips to cultivate the right temperament and build in humility, patience, and flexibility in your strategy

● [44:37] Matthew’s investment time horizon, its nature, and offers in the Market

● [45:50] What Matthew does at First Eagle as an investment portfolio manager

● [49:54] The philosophy of position sizing and the mistake most investors make

● [51:52] What keeps Matthew awake in his investment strategy

● [53:30] Where to learn more about Matthew's strategy and his company

Tune in!
Standout Quotes:

● “Sometimes in life, you have to make all the right mistakes before you chart a more reasoned course.”- Matthew [02:57]

● “Investing when done properly it is all about compounding out at a satisfactory rate of return and avoiding the permanent impairment of capital rather than swinging for the fences.”- Matthew [06:01]

● “Growth is only valuable if it is profitable.”- Matthew [10:32]

● “A lot of good things in life take time; great artists are often recognized after they have painted the

The information presented in this podcast or available on the website is not intended as and shall not be construed as financial advice. This podcast is produced for entertainment value. Investing is inherently risky. And I encourage you to seek financial advice from a professional who is aware of the facts and circumstances of your individual situation.