In this episode of ReSolve Riffs, renowned economist and strategist David Woo—CEO of David Woo Unbound and a veteran of global finance—dives deep into a multifaceted discussion on current global economic and political trends with Mike Philbrick and Adam Butler. Drawing on decades of experience at institutions like Bank of America and the IMF, Woo unpacks themes ranging from shifting U.S. trade policies and the fallout from the German election to disruptive advances in technology and evolving fis...
Mar 07, 2025•1 hr 21 min•Ep. 223
In this episode, the ReSolve team sits down with Daniel Waldenström, a professor of economics with a focus on growth and distribution. Waldenström shares his insights on a range of topics, from the impact of economic crises on societal structures, to the role of policy makers in fostering growth, and the shifting landscape of wealth inequality. Topics Discussed • Waldenström's journey into economics, spurred by an interest in societal issues and historical events, particularly the economic crisi...
Feb 07, 2025•2 hr 37 min•Ep. 222
In this riveting episode, the ReSolve team converses with Warren Mosler, a prominent economist and theorist in the field of Modern Monetary Theory (MMT). The conversation is enriched by the presence of Richard Latterman, a portfolio manager at Resolve, who is keen on gaining insights on policy and economics. The discussion dives deep into the evolution of economics, the departure of MMT from classical economics, the impact of interest rates on inflation, and the intricacies of the banking system...
Jan 17, 2025•1 hr 25 min•Ep. 221
Finding alpha is notoriously difficult. Instead of trying to pick stocks better, what if you simply added the return of high-conviction, alternative strategies on top of your asset allocation? That’s the opportunity portable alpha unlocks for allocators. Join us for an exclusive webinar where we reveal how capital-efficient ETFs can be used to “port” the returns of any alternative investment on top of your asset allocation. In this educational session, we will: Explain what portable alpha is, wh...
Jan 16, 2025•37 min•Ep. 220
In this episode, we delve into the world of STEM education with John Skrentny, a professor of sociology at UC San Diego. We discuss the current state of STEM education, its implications for the future workforce, and the intersection of technology, policy, and societal needs. Topics Discussed • The importance of STEM education and the common misconception that more STEM graduates equate to more innovation • The comparison of STEM job opportunities in different countries, with a focus on the Unite...
Dec 27, 2024•1 hr 5 min•Ep. 219
In this exciting episode, Rodrigo Gordillo, Meb Faber, Corey Hoffstein, and Wes Gray discuss their investment ideas for 2025 and beyond. Each brings three unique ideas to the table, making for a lively and insightful conversation. Topics Discussed • Rodrigo Gordillo discusses the idea of matching the risk of Bitcoin by levering up gold, providing insights on how to achieve an equal risk allocation between Bitcoin and gold • Meb Faber shares his thoughts on the potential of cannabis as an investm...
Dec 20, 2024•1 hr 11 min•Ep. 218
In this episode, we delve into the world of behavioral finance and financial planning with Brian Portnoy, one of the co-founders of Shaping Wealth. We discuss the importance of understanding human behavior in financial planning, the concept of 'behavioral finance 2.0', and how financial advisors can better serve their clients by taking a more human-centric approach. Topics Discussed • Discussion on normalizing human behavior in financial planning and the emergence of 'behavioral finance 2.0', wh...
Dec 19, 2024•1 hr 15 min•Ep. 217
In today's complex market environment, finding genuine diversification and consistent returns has become increasingly challenging. What if you could harness two of the least correlated strategies to traditional portfolios available to investors today? Join us for an exclusive webinar where Rodrigo Gordillo, Portfolio Manager and co-founder of Return Stacked ETFs, reveals how combining trend following and carry strategies as stacks may create a whole that is much greater than the sum of their par...
Dec 09, 2024•1 hr 14 min•Ep. 216
In this riveting episode, we dive deep into the world of fiscal and monetary systems, post the global financial crisis of 2008. We are joined by Jordan MacLeod, an intellectual powerhouse who has been at the forefront of revolutionizing the global monetary system. We discuss the trends identified in 2009, the impact of 2008 on the urgency to rethink monetary frameworks, and the potential for a global rebalancing in economic and monetary frameworks. Topics Discussed • The journey of Jordan MacLeo...
Dec 06, 2024•1 hr 6 min•Ep. 215
In this episode, the ReSolve team is joined by Dr. Robert Frank, the Henrietta Johnson Lewis Professor of Management Emeritus and Professor of Economics at the Samuel Curtis Johnson Graduate School of Management at Cornell University. They delve into the role of luck in success, the myth of meritocracy, and the dynamics of free markets. They explore various topics, including: Topics Discussed • The approach to both microeconomics and macroeconomics in the textbooks co-authored with Dr. Ben Berna...
Nov 29, 2024•1 hr 20 min•Ep. 214
In this episode, Kris Abdelmessih, Co-Founder of Moontower AI, and Adam Butler, CEO of ReSolve Asset Management, join the ReSolve team to discuss the challenges and rewards of parenting, the role of education, and the intricacies of the options market. They delve into a variety of topics, including: Topics Discussed • Kris and Adam's differing views on the importance of academic excellence versus exploration in children's education • The role of AI tools in helping kids complete their homework f...
Nov 15, 2024•1 hr 4 min•Ep. 213
In this episode, the ReSolve team delves into a profound conversation with Justin Caselli, a financial advisor and life coach, who shares his journey of self-discovery and alignment of spirit, mind, and body. He discusses how this alignment influences financial stability and the concept of living an authentic life. Topics Discussed • Justin's personal journey of self-discovery and the importance of aligning spirit, mind, and body for overall happiness and financial stability • The concept of lif...
Nov 01, 2024•1 hr 5 min•Ep. 212
In this episode, the ReSolve team is joined by Doomberg, a popular regular on the show, to discuss a wide range of topics including AI, geopolitics, energy, and the financial markets. They delve into the complexities of the emerging multipolar world, the rise of China in the technology sector, the implications of AI, and the potential risks and nuances within different levels of the capital structure. Topics Discussed • The rise of China and its implications for the Western world in terms of sem...
Oct 25, 2024•1 hr 25 min•Ep. 211
Portable alpha (or as we like to call it: Return Stacking) has become increasingly popular in the financial media (including recent notes from industry giants like BlackRock, Russell Investments, and AQR) but many advisors are left asking: What does portable alpha mean? How might it benefit clients? How can I implement it? At Return Stacked Portfolio Solutions we have made it our mission to thoughtfully and transparently help allocate into a portable alpha framework for client portfolios. Join u...
Oct 19, 2024•1 hr 2 min•Ep. 210
In this interview, Adam Butler is in conversation with Mike Harris, a renowned financial market analyst and philosopher. The discussion is sparked by a Twitter exchange about the impact of low interest rates on the working class. The conversation evolves to cover a wide range of topics from the relationship between Quantitative Easing (QE) and technological advancements, to the philosophical underpinnings of Artificial General Intelligence (AGI), and the potential of AGI to uncover lost knowledg...
Oct 18, 2024•2 hr 14 min•Ep. 209
In this episode, the ReSolve team is joined by Eric Balchunas to discuss the current state of the ETF industry, the rise of active ETFs, and the impact of Bitcoin and crypto on the market. Eric shares his insights on the 'hot sauce' approach to investing, the role of psychology in investment decisions, and the future of the ETF market. Topics Discussed • Discussion on the concept of 'hot sauce' in investing, where investors allocate a small portion of their portfolio to high-risk, high-reward as...
Oct 11, 2024•1 hr 4 min•Ep. 208
In this episode, the ReSolve team engages in a thought-provoking discussion with Viktor Shvets, a renowned global strategist and author. They delve into the complexities of the current global economic landscape, exploring topics like societal polarization, monetary policy, and the role of demographics in shaping the future. Topics Discussed • A deep dive into the societal polarization occurring on a local level across various countries and its implications on economic policies • The comparison o...
Oct 04, 2024•2 hr 52 min•Ep. 207
In this episode, the ReSolve team chats with Ben Reeves, a seasoned financial professional with a wealth of experience in portfolio construction and investment strategies. Ben shares his journey from working at Bridgewater to facing a health crisis, and eventually joining Wealthsimple. The conversation delves into the intricacies of allocation research, portfolio design, and the challenges and opportunities in the private investment space. Topics Discussed • Ben's transition from institutional i...
Jul 19, 2024•52 min•Ep. 206
In this episode, Alfonso Peccatiello, a renowned macro investor, joins the ReSolve team to delve into the macro end game, the impact of leverage on the financial system, and the potential paths forward. They also discuss the role of politicians in managing fiscal interventions and the increasing volatility in the macro environment. Topics Discussed • The concept of the macro end game and the unsustainability of the current financial system • The role of leverage in offsetting dwindling structura...
Jun 07, 2024•54 min•Ep. 205
In this episode, ReSolve team members Adam Butler and Rodrigo Gordillo discuss the concept of market volatility and its implications for investment strategies. They delve into the intricacies of Carry strategies, their impact on portfolio returns, and how to navigate market volatility effectively. Topics Discussed • The concept of Carry in the investment world and its potential applications • The role of Trend and Yield in creating a fund • The importance of understanding the Carry strategy and ...
May 31, 2024•1 hr 19 min•Ep. 204
In this episode, we have an engaging conversation with Roger King, the mastermind behind the successful Supplement King franchise. Roger shares his journey from starting as a local supplement provider to becoming a renowned name in the industry. He discusses his business strategies, the importance of understanding the market, and the challenges he faced along the way. Topics Discussed • Roger King's early journey into the world of supplements and how he identified an underserviced opportunity in...
May 24, 2024•1 hr 1 min•Ep. 203
In this episode, we delve into the world of value investing with Tobias Carlisle, the founder of The Acquirer's Multiple and author of the book 'The Acquirer's Multiple'. From his journey from a lawyer in Australia to a value funds manager in California, to his unique approach towards value investing, this conversation is a treasure trove of insights for anyone interested in the financial markets. Topics Discussed Tobias Carlisle's journey from a lawyer in Australia to a value funds manager in C...
May 17, 2024•1 hr 9 min•Ep. 202
In today’s ReSolve Riffs we’re taking the opportunity to introduce the inaugural episode of a brand new podcast channel called the Get Stacked Investment Podcast. In this series, we dive deep into the world of Return Stacking, exploring the latest projects, content, and insights from the www.returnstacked.com website. Co-hosted by Corey Hosteen, CIO of Newfound Research, along with the support of our own Mike Philbrick and Adam Butler this promises to be an insightful and valuable to...
May 02, 2024•1 hr 14 min•Ep. 201
In this episode, the ReSolve team is joined by Jared Dillian, the editor of The Daily Dirtnap and author of the book No Worries: How to Live a Stress-Free Financial Life. They delve into a variety of topics, including the power of diversification, the importance of understanding financial stress, and the current state of global financial markets. Topics Discussed • Jared Dillian's perspective on the current macro views on monetary policy, hard assets, and other financial matters • The concept of...
Apr 26, 2024•55 min•Ep. 200
In this episode, Andy Constan, a veteran Wall Street professional, joins the ReSolve team to discuss the intricacies of the Federal Reserve's interest rate policies, the impact of long-term borrowing rates on the economy, and the role of financial advisors in the investment industry. They delve into a wide array of topics, shedding light on the complexities of asset allocation, the influence of policy makers on market dynamics, and the future prospects of bonds and equities. Topics Discussed • A...
Apr 19, 2024•1 hr 18 min•Ep. 199
Introduction In this episode, we are thrilled to have Jeff Weniger, the Chief U.S. Strategist for WisdomTree ETFs, back on the show. Jeff shares his insights on a range of topics, including the 'pension wars' concept, the potential for a domino effect in global equity markets, and the role of financial engineering in shaping investment strategies. Topics Discussed • Discussion on the 'pension wars' concept and its potential impact on asset flows over the next several years • Exploration of the p...
Apr 12, 2024•1 hr 10 min•Ep. 198
In this episode, the ReSolve team is joined by Jason Buck, co-founder and CIO of Mutiny Funds, to delve into a range of topics, from the concept of ergodicity, portfolio construction, and the importance of diversification in investing. They also discuss the intricacies of the capital efficiency and tax implications of various investment strategies. Topics Discussed • Jason Buck's explanation of ergodic and non-ergodic concepts using the analogy of Russian Roulette • The importance of understandi...
Mar 22, 2024•1 hr 26 min•Ep. 197
In this episode, the team riffs with Doomberg, a renowned energy analyst, to discuss a range of issues from the global energy landscape to geopolitical tensions and the changing nature of warfare. The conversation also delves into the intricacies of the global natural gas market, the impact of sanctions on Russia, and the potential future of nuclear energy. Topics Discussed • Discussion on the global energy landscape, with a focus on natural gas and its role in the U.S. economy • Insights into t...
Mar 15, 2024•1 hr 3 min•Ep. 195
In this episode, we are joined by Jack Shannon, Senior Analyst at Morningstar, to discuss the dynamics of active equity management, portfolio construction, and the importance of downside protection in long-term investment success. Jack shares his insights on various topics, including: Topics Discussed • The asymmetry of returns and the importance of preserving capital on the downside •The role of active equity managers and the challenges they face in deviating from benchmarks •The impact of fund...
Mar 08, 2024•58 min•Ep. 194
In this episode, the ReSolve team is joined by Fred Pye, Founder of 3iQ Digital Assets, to discuss the rapidly evolving landscape of digital assets and blockchain technology. They delve into various topics, including the rise of Bitcoin, Ethereum, and the future of the digital asset space. Topics Discussed •The transition of the financial world towards digital assets and the implications of blockchain technology •The role and impact of intermediaries such as Coinbase and FTX in the digital asset...
Mar 01, 2024•59 min•Ep. 193
