E13. In Gold We Trust 2025 - The Big Long

Return Stacked is back with a deep dive into the world of alternative assets, featuring Mike Philbrick—CEO of ReSolve Asset Management and co-founder of Return Stacked ETFs, and Rodrigo Gordillo, President of ReSolve Asset Management and co-founder of Return Stacked ETFs, both of whom are recognized voices in asset management and diversification. In this engaging episode, Mike and Rodrigo explore a broad range of topics, including gold’s structural fundamentals, bitcoin’s emerging role, portfolio diversification techniques, behavioral biases, and the macro trends shaping global investment strategies.

(0:00) Event invitation and podcast introduction

(2:30) Episode focus: Gold, Bitcoin, and precious metals

(3:03) Historical perspective on gold and its value

(5:34) Gold's market dynamics and institutional interest

(10:36) Structural reasons for gold's performance and public participation

(17:01) Integrating gold into portfolios and comparison with other asset classes

(23:27) Future prospects for gold mining stocks

(24:33) Bitcoin as the digital counterpart to gold

(26:13) Bitcoin vs. gold: Volatility and allocation strategies

(30:34) Return stacking in portfolio construction

(33:28) Rebalancing strategies with gold and Bitcoin

(36:03) Institutional adoption of Bitcoin and gold

(38:18) Behavioral finance in commodity investing

(44:06) Incorporating non-correlated assets into portfolios

(49:32) Developing intuition for emerging asset classes

(51:01) Audience questions on volatility and leverage

(55:28) Managing risk and avoiding excessive leverage

(56:22) Seasonal gold investment strategies

(57:00) Leveraging borrowing costs for capital efficiency

(58:38) Diversifying with return stacking across asset classes

(59:01) Contact information and episode disclaimer

(59:48) Closing remarks and next steps