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In this discussion, Adam Butler, CIO of ReSolve Asset Management Global, a seasoned expert in multi‑asset carry strategies, walks through his latest research comparing two implementations of a carry strategy. He explains the fundamentals of carry in diverse asset classes and explores a wide range of topics including carry fundamentals, market liquidity, simulation analysis, historical cycles, and portfolio strategy, all while putting recent market performance into a broader cyclical context.Topics Discussed• Carry strategy fundamentals and the yield dynamics across various asset classes• Comparison between a small, highly liquid 26‑market universe and an extended universe of up to 80 markets• Detailed statistical analysis using historical simulations and probability cones• Examination of recent performance divergences between liquid and broader market universes• The influential role of soft commodities and other non‑liquid market segments on carry returns• Historical patterns of divergence and subsequent reversion in carry strategy performance• Implications for long‑term investment strategies and tactical portfolio management
In this episode of ReSolve Riffs, host Adam Butler is joined by two special guests from Takahē Capital – founder, CEO, and chief bottle washer Moritz Seibert, and head of quantitative research, Moritz Heiden. They offer an in‐depth look into systematic trading within managed futures, exploring topics such as commodity markets, trend following, risk management, portfolio construction, and the challenges posed by investor and ESG dynamics.Topics Discussed• The emergence of Takahē Capital from restrictive ESG mandates and its unconventional origins• The core trend following strategy, outlier trading, and the “high octane” approach• Rigorous risk management techniques centered on fixed risk unit sizing and drawdown control• Diversification across conventional and peripheral commodity markets• Position sizing dynamics through multiple independent trading systems• Portfolio construction methods and the management of correlated markets• The balance between simplicity and complexity in systematic trading models• The impact of investor demands and ESG standards on volatility, capital efficiency, and returns
This in‐depth live Q&A features guests Corey Hoffstein, Chief Investment Officer of Newfound Research, and Adam Butler, CIO of ReSolve Global, alongside host Rodrigo Gordillo, President and Portfolio Manager of ReSolve Global. In this episode, the panel unpacks the current macro market shifts and their impact on managed futures strategies, discussing topics such as policy shocks, systematic trend and carry models, volatility, and historical market precedents.Topics Discussed• Global Macro Market Dynamics and Policy Shifts affecting asset classes across Europe, the U.S., and beyond• The Cumulative Impact on Managed Futures and Systematic Strategies that span multiple asset classes• Multi-Asset Carry Strategy Fundamentals, including yield extraction and financing differentials• Trend Following Strategies under Volatile and Reversal Conditions in rapidly shifting markets• Risk Adjustments and Portfolio Rebalancing Mechanisms as systematic models react to sudden market changes• Historical Precedents: Lessons from events like the 1994 bond massacre and subsequent policy shocks• The Interplay between Policy Announcements and Systematic Strategy Performance amid geopolitical surprises• Advisory Perspectives and Long-Term Risk Management for communicating drawdowns and premiums to clients
Join us for an engaging live session as Rodrigo Gordillo, President and Portfolio Manager at ReSolve Asset Management Global, Corey Hoffstein, Chief Investment Officer of Newfound Research, and Adam Butler, CIO of ReSolve Asset Management Global, discuss recent macroeconomic events and their impact on managed future strategies, specifically trend following and multi-asset carry models. In this video, the panel analyzes key market-moving stories from the past few weeks, including European regulatory reforms, German fiscal stimulus, and international tariff battles. They also explore the recent performance and adjustments in their systematic strategies, providing valuable insights for advisors and investors navigating today's volatile market environment.
This episode of the podcast piles on the knowledge about "return stacking" - the investment approach that lets you layer alternative assets and strategies on top of your traditional portfolio, like a perfect investment sandwich. Jeff Malec has stacked the deck with FOUR financial heavyweights - Mike Philbrick, Rodrigo Gordillo, Adam Butler, and Corey Hoffstein - each showcasing a "return stacking" ETF. We've brought together this team of experts to give you the blueprint for this innovative investment method.So, what's the deal with return stacking? Think of it as the ultimate portfolio hack—layering alternative asset classes and strategies on top of your traditional stock and bond holdings. No need to shuffle things around or ditch your core positions—just stack those extra return streams like the ultimate investing sandwich.We'll dig into the risk/return profiles and how these stacked strategies can take your portfolio to new heights. But wait, there's more! To keep things light, we're making our guests put their friendships on the line in a spirited round of "Choose Your Fighter"—because who doesn't love a little friendly fire?Stack up, tune in, and SEND IT! Chapters:00:00–01:11 = Intro01:12- 20:00 = Return Stacking: Upgrading Portfolios Without Disrupting Core Holdings20:01- 41:47 = Stacking Stocks and Managed Futures for Diversification41:48- 01:03:10 = Capturing Futures Yield Through Return Stacking01:03:11- 01:31:00 = Stacking Bonds and Merger Arbitrage for Enhanced ReturnsAll things Return Stacking: Stacks on StacksReturn Stacking: From Theory to Practice - A 2024 Perspective - Blog postResearching the Risks of return stacking with Corey Hoffstein & Rodrigo Gordillo – The Derivative episode - PodcastWhat is Return Stacking? - Blog postDon't forget to subscribe toThe Derivative, follow us on Twitter at@rcmAlts and our host Jeff at@AttainCap2, orLinkedIn , andFacebook, andsign-up for our blog digest.Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visitwww.rcmalternatives.com/disclaimer
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 fiscal strategies.Topics Discussed• U.S. Trade Policy and Shifting Global Alliances: Analysis of the transition from Biden's approach to Trump's competitive strategy• German Election and European Economic Adjustments: Examining the impact on manufacturing competitiveness and embedded fiscal constraints• Tariffs and Trade Warfare: Insight into the deployment of steel, aluminum, auto, and reciprocal tariffs across regions• Market Rotation and Investor Flows: The dynamic shift from U.S. retail-driven buying to increased global and emerging market exposure• Fiscal Discipline and Inflation Management: Strategies to curb deficits, rein in spending, and mitigate inflationary pressures• Emerging Markets and Currency Strategies: Evaluating opportunities in emerging market local currency debt amid global real yield shifts• Technology Disruption in Cloud and Semiconductor Industries: The implications of innovations like DeepSeek and evolving AI dynamics• Japanese Economic Outlook and Structural Reforms: Assessing Japan's monetary policy, automation, and progress in semiconductor manufacturing
Join @HondoCarpenter for a one-on-one sit down with Raiders DT Adam Butler on the @FansFirstSN. #raiders #NFL #raidersnation Learn more about your ad choices. Visit megaphone.fm/adchoices
Adam Butler has been a wildlife biologist at the Mississippi Department of Wildlife Fisheries and Parks focused on wild turkeys since 2008. He has been the wild turkey program coordinator for the state since 2018. In his duration spent in these roles he spent vast amounts of time in the field, researching and studying wild turkeys. He's seen a lot, he's learned a lot, he's watched research change and update. We will make a bet with you that you can't go through this entire episode without learning at least one fun-fact you were unaware of! He also gives us some very interesting insight to how conservation is funded. Check it out!
In this episode, I sit down with Adam D. Butler, author of Butler's DMT Field Guide. Adam shares his transformative journey with DMT, detailing how hundreds of experiences have served medicinal, meditative, and spiritual purposes. We delve into his comprehensive research, which bridges structured scientific studies with real-world applications, offering insights into consumption methods and the profound impact of DMT on mental health and neuroplasticity. • Don't forget to like, comment, and subscribe. • If these topics pique your curiosity, consider supporting the channel on Patreon
Adam Butler spoke to the media in preparation for Week 18. Hear what the Raiders DL had to say on the Las Vegas Raiders Insider w/ @HondoCarpenter on the @FansFirstSN. #LasVegasRaiders #NFL #RaidersNation #Raiders Learn more about your ad choices. Visit megaphone.fm/adchoices
In this powerful message, guest minister Rev. Adam Butler shares the importance of living in covenant with God and the blessings tied to faithfulness and reverence. Drawing from scriptures in Genesis, Hebrews, and the Gospels, Rev. Butler emphasizes that God's promises become accessible when believers align their lives with His will and walk in integrity.
Raiders.com's Eddie Paskal chats with defensive tackle Adam Butler about his mindset, the defense, gearing up for the Jaguars and more on this edition of Upon Further Review.See omnystudio.com/listener for privacy information.
Adam Butler talked to the media after the loss to Tampa. Hear what the Raiders DL had to say on the Las Vegas Raiders Insider w/ Hondo Carpenter on the Fans First Sports Network. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, we sit with psychedelic philosopher Adam Butler, who bravely shares his story and journey into exploring psychedelics. DMT drastically changed Adam's life. It has opened him up to entities, other dimensions, self-exploration, and hidden knowledge within. We discuss DMT and the paranormal; are the two connected? Does DMT give us a gateway into realms that are interwoven with ours? Adam is a published author; check out his book!https://www.amazon.com/dp/196050505XAdam Butler (@booksbyadambutler) • Instagram photos and videosbooksbyadambutler@gmail.comFreaky Merch! We are super excited to announce that you can now purchase Let's Get Freaky merch! Hoodies, t-shirts, mugs, stickers and lots more! Check it out! http://tee.pub/lic/aQprv54kktw If you have any paranormal or wild experiences to share and would like to be a guest on the show, please get in touch! Email us at letsgetfreakypodcast@mail.com or message us on social media. Facebook, Instagram, X, TikTok, YouTube, @tcletsgetfreakypodcast https://linktr.ee/letsgetfreaky
In this heartfelt episode, Adam Butler of Butler Carpets & Flooring shares his inspiring journey from family business roots to building a thriving flooring company. Adam opens up about the challenges, motivations, and lessons he's learned along the way.What's InsideAdam's background in flooring and how he brought his family's business to new heightsInsights on balancing skill growth with business management and brandingTips for overcoming industry challenges and building a personal connection with clientsMemorable Quote"Go with the flow—nine times out of ten, things work themselves out by the end of the day." — Adam Butler, Butler Carpets & FlooringGuest InformationAdam Butler – Founder, Butler Carpets & FlooringWebsite: https://butlercarpetsandflooring.co.ukInstagram: https://www.instagram.com/butlercarpetsandflooring/Facebook: https://www.facebook.com/butlercarpetsandflooringEpisode Sponsored By: Ultra FloorWebsite: https://www.ultra-floor.co.ukInstagram: https://www.instagram.com/ultrafloorFacebook: https://www.facebook.com/UltraFloorUKUseful LinksFloor Skills Training CentreThe Flooring ShowWhere to find usWebsite: https://theukflooringpodcast.co.ukInstagram: https://www.instagram.com/theukflooringpodcast/Facebook: https://www.facebook.com/theukflooringpodcastYouTube: https://www.youtube.com/@cockerillco6141Produced byCockerill & CoReach out on 01325 952548 or email hello@cockerillandco.co.ukWebsite: https://www.cockerillandco.co.ukInstagram: https://www.instagram.com/cockerillandco/Facebook: https://www.facebook.com/cockerillandco/Don't miss this episode—subscribe now for more stories and insights from industry leaders! Hosted on Acast. See acast.com/privacy for more information.
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 faster and encouraging them to be resourceful• The importance of resilience, self-directed curiosity, and critical thinking in children's development• The concept of 'shape of returns' in the options market and how it differs from hard outcomes in options contracts• The idea of using ETFs as a toolset to execute investment ideas based on volatility• The progression of Moontower AI and how it helps investors understand and navigate the options marketThis episode is a must-listen for anyone interested in the intersection of parenting, education, and finance. It provides valuable insights into the role of exploration in children's development, the potential of AI tools in education, and the complexities of the options market.
Butler's DMT Field Guidehttps://www.amazon.com/Butlers-Field-Guide-Step-Step-ebook/dp/B0BY5KSYBKMake a Donation to Forbidden Knowledge News https://www.paypal.me/forbiddenknowledgenehttps://buymeacoffee.com/forbiddenReconnect to Everything with BrainsupremeGet 25% off your order here!!https://brainsupreme.co/discount/FKN15Subscribe to Cory Hughe's "Bloody History" substackhttps://bloodyhistory.substack.comSign up for the IMT crypto community Imt.networkBook a free consultation with Jennifer Halcame Emailjenniferhalcame@gmail.comFacebook pagehttps://www.facebook.com/profile.php?id=61561665957079&mibextid=ZbWKwLSick of having mediocre health? Transform your health and vitality with Christian Yordanov's program. Learn more and book a free intro call here (mention FKN at time of booking and he will have a special gift for youhttps://christianyordanov.com/fkn/Watch The Forbidden Documentary: Occult Louisiana on Tubi: https://link.tubi.tv/pGXW6chxCJbC60 PurplePowerhttps://go.shopc60.com/FORBIDDEN10/or use coupon code knowledge10FKN Link Treehttps://linktr.ee/FKNlinksForbidden Knowledge Network https://forbiddenknowledge.news/ Sign up on Rokfin!https://rokfin.com/fknplusPodcastshttps://www.spreaker.com/show/forbiddenAvailable on all platforms Support FKN on Spreaker https://spreaker.page.link/KoPgfbEq8kcsR5oj9FKN ON Rumblehttps://rumble.com/c/FKNpGet Cory Hughes Book!https://www.buymeacoffee.com/jfkbookhttps://www.amazon.com/Warning-History-Cory-Hughes/dp/B0CL14VQY6/ref=mp_s_a_1_1?crid=72HEFZQA7TAP&keywords=a+warning+from+history+cory+hughes&qid=1698861279&sprefix=a+warning+fro%2Caps%2C121&sr=8-1https://coryhughes.org/Johnny Larson's artworkhttps://www.patreon.com/JohnnyLarsonYouTube https://youtube.com/@fknclipspBecome Self-Sufficient With A Food Forest!!https://foodforestabundance.com/get-started/?ref=CHRISTOPHERMATHUse coupon code: FORBIDDEN for discountsThe FKN Store!https://www.fknstore.net/Our Facebook pageshttps://www.facebook.com/forbiddenknowledgenewsconspiracy/https://www.facebook.com/FKNNetwork/Instagram @forbiddenknowledgenews1@forbiddenknowledgenetworkXhttps://x.com/ForbiddenKnow10?t=uO5AqEtDuHdF9fXYtCUtfw&s=09Email meforbiddenknowledgenews@gmail.comsome music thanks to:https://www.bensound.com/Become a supporter of this podcast: https://www.spreaker.com/podcast/forbidden-knowledge-news--3589233/support.
Adam Butler spoke during the #Raiders preparation for the Chiefs. Hear what the Raiders DL had to say on the Las Vegas Raiders Insider w/ @HondoCarpenter on the @FansFirstSN. #LasVegasRaiders #RaiderNation #RaidersNation #NFL Learn more about your ad choices. Visit megaphone.fm/adchoices
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 knowledge.Topics Discussed• The counterintuitive argument that higher interest rates are better for the working class• The relationship between QE and the acceleration in the production of transistors• The role of technology in financing and the arms race around AI• The exploration of the philosophical principles that underpin AGI• The potential of AGI to uncover lost knowledge and its implications• The discussion of the knowledge paradox and its relevance in the era of big data• The historical suppression of knowledge by the church and its impact on the development of technology• The potential of AGI to recreate the lost knowledge and its implications for humanityThis episode is a thought-provoking exploration of the intersection of economics, technology, and philosophy. It provides valuable insights into the potential of AGI and the role it could play in uncovering lost knowledge. It's a must-listen for anyone interested in understanding the broader implications of AI and the future of knowledge.
In Episode 385 of Hidden Forces, Demetri Kofinas speaks with Adam Butler, the CIO of Resolve Asset Management, an alternative asset management firm that focuses on providing cutting-edge, globally diversified, and systematic investment strategies that are non-correlated to traditional portfolios. In the first hour, we explore the structural changes that our economy has undergone since the 2008 financial crisis, along with their consequences for market accountability, monetary policy, and the stability of our political economy, all in the context of discussing Adam's approach to financial modeling and systematic investing. In the second hour, we engage in an expansive and valuable discussion about the mind-bending progress being made in artificial intelligence, how it is already disrupting multi-trillion-dollar industries, the incredible promise that this technology holds, and the dangers that it poses to the stability of our economies and political systems. You can subscribe to our premium content and access our premium feed, episode transcripts, and Intelligence Reports at HiddenForces.io/subscribe. If you want to join in on the conversation and become a member of the Hidden Forces Genius community, which includes Q&A calls with guests, access to special research and analysis, in-person events, and dinners, you can also do that on our subscriber page at HiddenForces.io/subscribe. If you enjoyed listening to today's episode of Hidden Forces, you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe and Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 10/08/2024
Adam Butler grew up in Paragould in a family of athletes. A sports fanatic himself, Adam was not able to play organized sports because he was born with Cerebral Palsy. We learn of how he channels that competitive nature into his career as a successful attorney here in Paragould.
Adam Butler spoke to the media amid Browns preparation. Hear what the Raiders DL had to say on the Las Vegas Raiders Insider w/ @HondoCarpenter on the @FansFirstSN. #LasVegasRaiders #NFL #RaidersNation #Raiders Head to factormeals.com/raidersinsider50 and use code raidersinsider50 to get 50% off of your first box plus 20% off of your next month while your subscription is still active. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of Excess Returns, we sit down with our good friend Adam Butler, co-founder and Chief Investment Officer of ReSolve Asset Management. We cover a lot of ground, including: The challenge of distinguishing investment edge from noise over typical investing lifetimes The concept of return stacking and how it allows investors to increase portfolio diversification The process of determining sources of return to stack on top of stock and bond portfolios The impact of passive investing flows on market dynamics and fundamentals Perspectives on whether AI will significantly boost economic productivity and GDP growth As always, Adam offers thoughtful and sometimes contrarian views on these complex subjects, drawing on his extensive experience in quantitative investing and portfolio management. SEE LATEST EPISODES https://excessreturnspod.com FIND OUT MORE ABOUT VALIDEA https://www.validea.com FIND OUT MORE ABOUT VALIDEA CAPITAL https://www.valideacapital.com FOLLOW JACK Twitter: https://twitter.com/practicalquant LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094 FOLLOW JUSTIN Twitter: https://twitter.com/jjcarbonneau LinkedIn: https://www.linkedin.com/in/jcarbonneau
Adam Butler talked to the media recently. Hear what the #LasVegasRaiders DT had to say on the Las Vegas Raiders Insider w/ @HondoCarpenter on the @FansFirstSN. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, the Get Stacked team, consisting of Rodrigo Gordillo, Corey Hoffstein, Adam Butler and Mike Philbrick delve into the intricacies of Return Stacking, market trends, and the impact of taxes on investment strategies. They provide detailed insights into their research and findings, discussing the implications of their work for the investment landscape.
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 investors to portfolio construction and his learnings from Bridgewater• The impact of a health crisis on Ben's career and his shift to Wealthsimple• The essence of long-term investing and the importance of putting money at risk in a reasonable way• The exploration of privates as a first step in diversifying investment portfolios• The challenge of tracking error constraints in portfolio design and how Wealthsimple navigates this• The behavioral advantage of privates and the fear of giving up liquidity• The difficulty for active managers to reliably outperform without overweighting certain sectors• The role of gold and commodities in diversifying portfolios and mitigating risk• The importance of putting money at risk in a reasonable way and avoiding performance chasing• The potential of leverage as a diversifying tool or a risk-reducing tool• The constraints and considerations in adding leverage to portfolios• The personalization of portfolio construction and the shift towards risk parityThis episode provides a deep dive into the world of portfolio construction, the role of privates in diversifying portfolios, and the challenges of tracking error constraints. Ben Reeves offers valuable insights from his experience at Wealthsimple and Bridgewater, making this a must-listen for anyone interested in investment strategies and portfolio design.This is “ReSolve's Riffs” – published on YouTube Friday afternoons to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management.*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.
Adam Butler is the aurhor of the book Butlers DMT Field Guide. Hes here today to tell us all ubout his personal experiences with this "Miracle Molecule". The realm of unimaginable, indescribable visuals and emotions related to a DMT journey. pretty incredible the things you learn all in an eight to ten minute journey. Adam felt the profound need to share his findings with the world and the ONE.@booksbyadambutlerBecome a supporter of this podcast: https://www.spreaker.com/podcast/meta-mysteries--5795466/support.
-Follow Adam on X @GestaltU -Follow Rodrigo on X @RodGordilloP -Download the Manged Futures Carry whitepaper at https://investresolve.com/featured-research/ -Learn more about the Return Stacking Suite at: https://www.returnstackedetfs.com/ and https://www.returnstacked.com/ The Trade Busters provides actionable ideas to take your option trading to the next level. Through our educational podcast and instructional spreadsheets, we aim to empower the everyday retail trader. Discover unique ways of thinking through sizing, risk and leverage in your option strategies. -View strategy mechanics, tradelogs and more at the trading page: https://www.thetradebusters.com -Follow me on X @TheTradeBuster -The Trade Busters Discord server is now live! Send me an email if you would like to join. **Everything discussed on this podcast is for informational purposes only and not to be construed as financial advice.
We're back! Today's podcast features The Derivative show stoppers Rodrigo Gordillo and Adam Butler of Resolve Asset Management discussing the carry trade and its applications in investment strategies. They begin by explaining what the carry trade is and discussing common misconceptions around it. They then dive into different types of carry that can be found in various asset classes like bonds, commodities, currencies, and equities. The guests discuss how carry strategies can be implemented, either on their own or as part of a larger multi-strategy portfolio. They also compare carry to trend following strategies and debate the pros and cons of each approach. The podcast explores how a diversified carry factor can provide returns with reduced risk when combined with other strategies. Rodrigo and Adam explain how carry fits into their risk parity framework and can be used to tilt allocations. They also discuss integrating carry and trend signals to lower trading costs. Gear up to receive that spoonful of sugar that indeed will make the medicine go down with tons of insight and access to some great content as an investment factor and perspectives on its role in multi-asset portfolios. Chapters: 00:00-01:31= Intro 01:32-10:31= What's a carry trade? 10:32-20:34= Types of carry in different asset classes & Implementing strategies 20:35-33:11= Carry vs Trend & portfolio applications of carry 33:12-49:05= Combining carry & trend: How does it fit together? 49:06-01:04:54= Why Carry? The future of carry strategies From the episode: The Rise of Carry(Book) The Carry Trade post Get Stacked Podcast ReSolve Riffs Podcast Setting the Risk Parity Record Straight - The Derivative episode Researching the Risks of return stacking with Corey Hoffstein & Rodrigo Gordillo - The Derivative episode Asset Allocation, AI, and the Alpha process with Resolve - The Derivative episode Follow along with ReSolve Asset Management on Twitter/X @InvestReSolve Adam Butler @GestaltU & Rodrigo Gordillo @RodGordilloP, LinkedIn and check out their research page for more information Don't forget to subscribe to The Derivative, follow us on Twitter at @rcmAlts and our host Jeff at @AttainCap2, or LinkedIn , and Facebook, and sign-up for our blog digest. Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visit www.rcmalternatives.com/disclaimer
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 structural growth and its implications for the global economy• The impact of central banks' decisions to stimulate economic growth by lowering interest rates• The wealth illusion effect and its implications on the U.S. economy• The potential paths forward considering the high levels of debt and low interest rates• The shift from anti-cyclical to pro-cyclical use of fiscal policy by politicians• The need for a global macro framework in asset allocation considering the current high-leverage, high-interest rate environment• The launch of Alfonso's global macro hedge fund and its strategy to navigate the increasing macro volatilityThis episode is a must-listen for anyone looking to understand the complexities of the global financial system, the role of leverage and fiscal policy, and strategies to navigate the increasing macro volatility. Alfonso's insights provide valuable strategies for navigating the uncertain financial landscape and understanding the potential paths forward.This is “ReSolve's Riffs” – published on YouTube Friday afternoons to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management.*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.
Corey Hoffstein, Adam Butler, and Michael Philbrick join Rodrigo Gordillo to discuss trend replication, private equity's role in modern portfolios, and the impact of large AUM on trend following. They explore balancing alpha generation with risk management, optimal allocation, and leveraging through treasury futures.
In this episode of the Mississippi Outdoors Podcast, host Matt Wyatt reconnects with Adam Butler, Turkey Program Manager at the Mississippi Department of Wildlife, Fisheries, and Parks. They delve into the exceptional turkey hunting season of 2024, exploring the factors that contributed to this record-breaking year. Adam discusses the significant increase in turkey harvests, the impact of brood surveys, and how favorable weather conditions played a crucial role. The conversation also covers the potential for future turkey seasons and the benefits of introducing a turkey stamp program, drawing parallels with the successful duck stamp initiative. This episode is packed with expert knowledge and passionate discussion, offering a deep dive into the world of turkey conservation and management in Mississippi. Hosted on Acast. See acast.com/privacy for more information.
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 approach• The impact of economic risk on Carry signals and expected future returns• Building Carry strategies using time spreads or calendar spreads• The influence of Absolute Carry and Relative Value Carry on performance• The effect of estimated real trade frictions on returns• The correlation between Carry and other assets in a portfolio• The performance of Carry in different market regimes• The benefits of diversification and the role of Carry in enhancing portfolio returnsThis episode provides valuable insights into the world of market volatility and Carry strategies. It highlights the importance of understanding these concepts for effective investment decision-making and portfolio management. A must-listen for anyone interested in deepening their understanding of market dynamics and investment strategies.This is “ReSolve's Riffs” – published on YouTube Friday afternoons to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management.*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.
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 the natural health products market.• The challenges and lessons learned from transitioning from a single store to multiple retail locations and eventually moving to online sales.• The importance of understanding the market and adjusting business strategies accordingly, including the shift from being a brand-building retailer to focusing on being the best retailer.• Insights into the franchise model of Supplement King, and how they ensure the success of their franchisees.• The strategy behind their social media marketing and the role of influencers in promoting their products.• A look at the future of the supplement industry and the potential for innovation in the face of regulatory restrictions.• Roger King's personal life and hobbies, and how he balances them with running a successful business.This episode is a goldmine for anyone interested in understanding the dynamics of the supplement industry, franchising, and online retail. Roger King's insights and experiences provide a unique perspective on navigating the challenges of the business world and achieving success.This is “ReSolve's Riffs” – published on YouTube every Friday afternoon to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management.*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.
In this episode, I am joined by Adam Butler, author of Butler's DMT Field Guide: A Brief History, Step-by-Step Recipes, and Personal Experiences from a DMT Saturated Consciousness. Adam had a successful, lucrative career in real estate but, in his own words, was a "narcissist asshole alcoholic." Seeking a dramatic change, he took a huge leap by leaving his past life behind and embarking on an intense journey of self-discovery through DMT, one of the most powerful hallucinogens on the planet. He emerged with a completely new outlook on what he wanted to do and who he wanted to be. Now the happiest he's ever been, Adam is sharing his story and information with those seeking a similar experience. He also shares how it is possible to achieve an experience similar to taking DMT through deep meditation and breathwork for those seeking a substance-free journey.
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 DiscussedTobias Carlisle's journey from a lawyer in Australia to a value funds manager in CaliforniaA discussion on the performance of Carlisle's ETF ZIG and its outperformance of S&P over the last three yearsThe challenges and rewards of being a value investor in a market dominated by growth investingInsights into Carlisle's investment strategy, including his emphasis on fundamental performance over price actionThe role of patience and behavioral fortitude in value investingCarlisle's views on the future opportunities for value investing, particularly in the context of sector diversificationReflections on the recent Berkshire Hathaway annual meeting and the lessons learned from Warren Buffett and Charlie MungerCarlisle's personal investment mantra and his advice for navigating the ups and downs of the investing worldThis episode is a must-listen for anyone interested in value investing. Tobias Carlisle's insights, drawn from his extensive experience and unique approach to investing, provide valuable strategies to navigate the financial markets. Whether you're a seasoned investor or just starting out, this conversation is sure to provide you with plenty of food for thought.This is “ReSolve's Riffs” – published on YouTube every Friday afternoon to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management.*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.
Welcome to the inaugural episode of the Get Stacked Investment Podcast. This episode brings together Corey Hoffstein, Rodrigo Gordillo, Mike Philbrick, and Adam Butler to dive deep into the concepts of Return Stacking, market efficiency, and investment strategies beyond traditional stock picking. Providing insights into Return Stacking's relevance in today's investment landscape, the importance of structured diversification to enhance portfolio sustainability and its potential to create excess returns with more confidence than traditional stock picking.This podcast episode serves as a comprehensive introduction to Return Stacking and provides valuable insights for investors looking to navigate the complexities of modern markets with innovative strategies.
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 too in your investment arsenal. Subscribe to the Get Stacked feed using the link in the description to stay up-to-date with the latest episodes and never miss a beat in the exciting new world of Return Stacking.In this episode, Corey Hoffstein from Newfound Research, and Rodrigo Gordillo and Adam Butler of Resolve Asset Management Global, discuss the concept of return stacking and its implications for investors. They delve into the challenges of beating the large-cap U.S. equities market, the shift in conversations about return stacking from risk management to creating excess returns, and the potential of diversification in generating consistent positive excess returns.Topics Discussed• The difficulties of beating the large cap U.S. equities market and the need for diversification• The shift in conversations about return stacking from risk management to creating excess returns• The potential of diversification in generating consistent positive excess returns• The idea of dictum in the markets and the difference between behavioral time and statistical time• The concept of risk parity and the importance of maintaining balance in portfolio risk• The role of trend following in risk management and return stacking• The potential of stacking strategies in enhancing portfolio returns• The structural challenges in implementing return stacked strategies in portfolios• The importance of diversification in ensuring investment successThis episode provides valuable insights into the concept of return stacking and its potential in enhancing portfolio returns. It is a must-listen for investors interested in diversification strategies and the future of investment management.*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.
Adam Butler, Wild Turkey Program Coordinator for the Mississippi Department of Wildlife Fisheries and Parks, joins us to discuss the turkey trends seen across Mississippi and the Southeast, what may or may not be influencing these cyclical patterns of productivity, and a general rule of thumb for how many gobblers to harvest on your property. Resources: How Many Gobblers Should I Take? (Article) Isabelle, J. L., et al. (2018). Considerations for timing of spring wild turkey hunting seasons in the southeastern United States. Journal of the Southeastern Association of Fish and Wildlife Agencies, 5, 106-113. Wild turkey population dynamics and what the manipulative study of season dates in Mississippi tells us about the role of hunting, ft. Adam Butler | #02 Adam Butler Contact, MDWFP Dr. Marcus Lashley @DrDisturbance, Academic Profile Dr. Will Gulsby @dr_will_gulsby, Academic Profile Turkeys for Tomorrow @turkeysfortomorrow UF DEER Lab @ufdeerlab, YouTube Please help us by taking our (QUICK) listener survey - Thank you! Check out the NEW DrDisturbance YouTube channel! DrDisturbance YouTube Watch these podcasts on YouTube Leave a podcast rating for a chance to win free gear! This podcast is made possible by Turkeys for Tomorrow, a grassroots organization dedicated to the wild turkey. To learn more about TFT, go to turkeysfortomorrow.org. Help us help turkeys by rating this podcast and sharing it with your friends and family. Music by Artlist.io Produced & edited by Charlotte Nowak
Adam Butler, Wild Turkey Program Coordinator for the Mississippi Department of Wildlife Fisheries and Parks, joins us to discuss the turkey trends seen across Mississippi and the Southeast, what may or may not be influencing these cyclical patterns of productivity, and a general rule of thumb for how many gobblers to harvest on your property. Resources: How Many Gobblers Should I Take? (Article) Isabelle, J. L., et al. (2018). Considerations for timing of spring wild turkey hunting seasons in the southeastern United States. Journal of the Southeastern Association of Fish and Wildlife Agencies, 5, 106-113. Wild turkey population dynamics and what the manipulative study of season dates in Mississippi tells us about the role of hunting, ft. Adam Butler | #02 Adam Butler Contact, MDWFP Dr. Marcus Lashley @DrDisturbance, Academic Profile Dr. Will Gulsby @dr_will_gulsby, Academic Profile Turkeys for Tomorrow @turkeysfortomorrow UF DEER Lab @ufdeerlab, YouTube Please help us by taking our (QUICK) listener survey - Thank you! Check out the NEW DrDisturbance YouTube channel! DrDisturbance YouTube Watch these podcasts on YouTube Leave a podcast rating for a chance to win free gear! This podcast is made possible by Turkeys for Tomorrow, a grassroots organization dedicated to the wild turkey. To learn more about TFT, go to turkeysfortomorrow.org. Help us help turkeys by rating this podcast and sharing it with your friends and family. Music by Artlist.io Produced & edited by Charlotte Nowak
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• Andy Constan's perspective on the Federal Reserve's interest rate policies and their impact on long-term borrowing rates• The role of financial advisors in the investment industry and the importance of informed conversations between advisors and clients• Insights into the complexities of asset allocation and the challenges of stock picking• The impact of long-term interest rates on the economy and the potential implications for inflation• The role of policy makers in changing market dynamics and the potential effects of their decisions• Predictions for the future performance of bonds and equities, and the factors that could influence these outcomes• The potential impact of government spending and fiscal policies on the expected trajectories of the marketThis episode is a deep dive into the complexities of financial markets, interest rates, and asset allocation. Andy Constan provides valuable insights from his extensive experience on Wall Street, making this a must-listen for anyone interested in understanding the intricate dynamics of the investment industry and the potential future of bonds and equities.This is “ReSolve Riffs” – published on YouTube every Friday afternoon to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management.*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.
On today's episode of The Rush, we welcome the raiders defensive line and defensive line coach. The boys talk everything football, Raiders and d-line culture. Make sure you subscribe so you never miss an episode.Welcome to "The Rush” where I'll be giving you all an inside look at what really goes on during the season. Stay tuned for weekly breakdowns following Raiders games and a celebration of fellow QB hunters around the leagueThis episode is sponsored by New Era. Visit neweracap.comMando: Control Body Odor ANYWHERE with @ shop.mando and get $5 off your Starter Pack (that's over 40% off) with promo code RUSH at ShopMando.com! #mandopodManscaped: Get 20% Off and Free Shipping with the code RUSH at Manscaped.com. That's 20% Off and Free Shipping with the code RUSH at Manscaped.com. Nothing like a little spring cleaning in your pants. #sponsored0:00 - 1:15 Intro1:15 - 3:45 Pro Bowl3:45 - 4:53 Manscaped Ad4:53 - 5:15 Pro Bowl MVP5:15 - 5:44 John Jenkins/Tyree Wilson Intro5:44 - 6:15 John Jenkins Career6:15 - 8:24 Jenkins Mindset This Year8:24 - 11:52 D-Line Culture11:52 - 14:35 Tyree Wilson14:35 - 15:15 Maxx's Tough Love15:15 - 16:36 Mando Ad16:36 - 17:27 MAC to the NFL17:27 - 20:03 Malcolm Koonce20:03 - 21:00 Rugby21:00 - 23:24 Adam Butler23:24 - 24:00 Bill Belichek24:00 - 25:20 Adam Butler's Music25:20 - 26:23 - Being an OG26:23 - 27:00 Koonce's Improvement27:00 - 30:30 Rob Leonard Intro30:30 - 32:28 Shared Values32:28 - 35:30 Player to Coach35:30 - 42:00 Maxx's Impact42:00 - 44:30 Moving Forward44:30 - 47:00 D-Line Love47:00 - 47:50 OutroJoin this channel to get access to perks:https://www.youtube.com/channel/UCedY1vE461NhTXPDfa1r4eA/join Learn more about your ad choices. Visit megaphone.fm/adchoices Hosted on Acast. See acast.com/privacy for more information.
On today's episode of The Rush, we welcome the raiders defensive line and defensive line coach. The boys talk everything football, Raiders and d-line culture. Make sure you subscribe so you never miss an episode. Welcome to "The Rush” where I'll be giving you all an inside look at what really goes on during the season. Stay tuned for weekly breakdowns following Raiders games and a celebration of fellow QB hunters around the league This episode is sponsored by New Era. Visit neweracap.com Mando: Control Body Odor ANYWHERE with @ shop.mando and get $5 off your Starter Pack (that's over 40% off) with promo code RUSH at ShopMando.com! #mandopod Manscaped: Get 20% Off and Free Shipping with the code RUSH at Manscaped.com. That's 20% Off and Free Shipping with the code RUSH at Manscaped.com. Nothing like a little spring cleaning in your pants. #sponsored 0:00 - 1:15 Intro 1:15 - 3:45 Pro Bowl 3:45 - 4:53 Manscaped Ad 4:53 - 5:15 Pro Bowl MVP 5:15 - 5:44 John Jenkins/Tyree Wilson Intro 5:44 - 6:15 John Jenkins Career 6:15 - 8:24 Jenkins Mindset This Year 8:24 - 11:52 D-Line Culture 11:52 - 14:35 Tyree Wilson 14:35 - 15:15 Maxx's Tough Love 15:15 - 16:36 Mando Ad 16:36 - 17:27 MAC to the NFL 17:27 - 20:03 Malcolm Koonce 20:03 - 21:00 Rugby 21:00 - 23:24 Adam Butler 23:24 - 24:00 Bill Belichek 24:00 - 25:20 Adam Butler's Music 25:20 - 26:23 - Being an OG 26:23 - 27:00 Koonce's Improvement 27:00 - 30:30 Rob Leonard Intro 30:30 - 32:28 Shared Values 32:28 - 35:30 Player to Coach 35:30 - 42:00 Maxx's Impact 42:00 - 44:30 Moving Forward 44:30 - 47:00 D-Line Love 47:00 - 47:50 Outro Join this channel to get access to perks: https://www.youtube.com/channel/UCedY1vE461NhTXPDfa1r4eA/join
In this episode of The Tragedy Academy Podcast, Jay speaks with Adam Butler, a psychedelic philosopher and passionate DMT psychonaut. Together, they delve into Adam's transformative journey through psychedelics, overcoming addiction, and finding inner peace.
Gather 'round the campfire, fellow turkey hunting aficionados, and join us at Rick's Cafe for a centennial celebration of the Spring Legion Podcast that's sure to ruffle some feathers—in the best way possible. Our special guest, NFL's Logan Cooke, doesn't just punt footballs but also champions the cause for clean water in Kenya through his work with Zoe Ministries. Lake and Jordan, from OnX and Open Season, stop by to regale us with their journey from wide-eyed novices to seasoned pros in the outdoor industry. It's more than just an evening; it's an assembly of stories, charity, and the shared passion that ignites every hunter's spirit.As dawn breaks over public lands, so do the tales of triumph and the odd gobbler that got away. This episode is your backstage pass to the strategies that mold the craft of turkey hunting, from the old-timer wisdom on roosting to the serendipity of an impromptu chase with a shotgun in hand. Listen closely as we unravel the twine that binds turkey behavior to the land we steward, with a nod to prescribed burns and their intriguing role in the ecosystem. Whether you're a seasoned veteran or a newcomer to the call of the wild, these anecdotes from the woods will surely add a few new feathers to your cap.Let's talk turkey stamps, mouth call techniques, and the symphony of sounds that can make or break your spring hunting plans. The conversation flutters from tales of moonlit turkey landings to heartfelt discussions about wildlife conservation with experts like Adam Butler. And when it comes to finding the perfect pitch, we debate the merits of glass vs. slate with the gusto of a gobbler in full strut. So whether you're out there to listen, learn, or just enjoy the camaraderie, this episode of the Spring Legion Podcast is your ticket to the greatest show on dirt.Check out the SPRING LEGION YouTube Channel to watch the hunts referenced on our show, as they happened and as real as it gets.Follow us on Instagram:@springlegion@hunter.farrior@austincsills@chasefarriorShop Spring Legion Online, using code PODCAST24 for 10% off your next online order! Limited time offer
This week on Fist Full of Dirt, it's Part 2 with turkey biologist Adam Butler. Adam is answering more of your questions about everything WILD TURKEYS. If you missed Part 1 go back and check it out. It's a good one! Thank you for listening! Have a question or a podcast idea? Email us at ffodpodcast@mossyoak.com Stay connected with Fist Full of Dirt: Instagram: @ffodpodcast Instagram: @moplandforsale Twitter: @FistDirt Instagram : @CuzStrickland Twitter: @CuzStrickland Facebook: @CuzStrickland YouTube: Cuz411
Joining us this week in the Camo Cave is Adam Butler, turkey biologist with Mississippi Department of Wildlife, Fisheries and Parks. @mdwfponline Y'all sent in some great questions and Adam has got the answers! Habitat, behavior .. we're covering it all in these episodes. Thank you for listening! Have a question or a podcast idea? Email us at ffodpodcast@mossyoak.com Stay connected with Fist Full of Dirt: Instagram: @ffodpodcast Instagram: @moplandforsale Twitter: @FistDirt Instagram : @CuzStrickland Twitter: @CuzStrickland Facebook: @CuzStrickland YouTube: Cuz411