The Harsh Truth About Investing Edge with Adam Butler

Sep 5, 2024

In this engaging discussion, Adam Butler, co-founder and Chief Investment Officer of ReSolve Asset Management, shares his insights on the complex world of investing. He addresses how to differentiate investment edge from market noise and delves into the innovative concept of return stacking for portfolio diversification. Adam explores the implications of passive investing flows and shares his thoughts on AI's role in enhancing productivity. With his extensive background in quantitative investing, he provides a fresh perspective on navigating today's challenging market dynamics.

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Intro

00:00 • 3min

Navigating Investment Edges and Strategies

02:45 • 29min

Exploring Portable Alpha Strategies

31:24 • 25min

The Diversification Dilemma: Balancing Risk and Return

56:21 • 3min

Navigating Market Dynamics

58:54 • 9min

AI Tools and the Future of Work

01:07:45 • 10min

Leveraging AI for Innovative Thinking in Investing

01:17:47 • 3min

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.

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