This week we welcomed back our good friend Jason Buck (founder and CIO of Mutiny Fund) for the final episode before the summer break. Our conversation included:
- Recent price action in the commodity space
- The incredible confidence of the ‘buy the dip’ equity investors
- An end to the “bad news is good news” regime
- The mental pivot required to successfully navigate regime shift
- Why prolonged bear markets have become a foreign idea to most investors
- The kind of environment in which the difference between nominal and real returns matters most
- Human’s constant pursuit of historical analogues
- The Farmer’s Fable, macro efficiency and a mentality of abundance
- The opportunities created by the blind-spots in traditional portfolios and the allure of an ‘esoteric fringe’
- A harmonious core and a zero-sum explorer
- Observing the ongoing evolution of the zeitgeist
- Evidence-based zealotry
- Two types of scientific theories – those that have been disproven, and those that one day will be
- An eternal struggle between the brain’s hemispheres – falsifiable simplicity vs intellectual rabbit-holes
- And much more
This is “ReSolve’s Riffs” – live 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 Inc.
*ReSolve Global Inc. 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 Inc. is a registered person with the Cayman Islands Monetary Authority.
