About this episode

This episode discusses the importance of risk management and diversification in investment strategies, especially in the context of changing market conditions.

Upthinking Finance™ is now trademarked The enduring wisdom of financial planning often revolves around diversification(1). Yet, as highlighted in this episode of Upthinking Finance™, the ways we balance portfolios—and the very assumptions underpinning traditional advice—may be overdue for review. We’re focusing on the critical importance of risk management for investors, especially in the years leading up to retirement, and on how past market conditions may not reflect what lies ahead. My guest, Mike Philbrick, shares his thoughts on the shift from decades of falling interest rates and stable inflation to a more volatile environment marked by rising rates, inflation shocks, and evolving global dynamics. He believes that investors should move beyond traditional stock and bond portfolios by embracing greater diversification—including exposure to commodities (2), global assets, and alternative strategies like trend following and return stacking. (1) There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. (2) The fast price swings in commodities will result in…

Explore listener stats, chart rankings, contacts and more on the UPTHINKING FINANCE podcast page.