Preview Mode Links will not work in preview mode

Resolve's Gestalt University

Apr 27, 2021

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.

This week we were joined by Lawrence Hamtil, founder and principal at Fortune Financial Advisors, author of their popular blog, as well as an active member of the FinTwit community. His power lifting hobby and contrarian nature permeate his writing and investment philosophy, which made for a great conversation that included:

  • Why you can’t fire a cannon from a canoe – the importance of building a solid foundation
  • Discipline, preventing major injuries/drawdowns and proper benchmarking – investment wisdom drawn from weight-lifting
  • “We must all suffer from one of two pains: the pain of discipline or the pain of regret. The difference is discipline weighs ounces while regret weighs tons” – Jim Rohn
  • Investment approach shaped by the turmoil of the Great Financial Crisis
  • Tobacco, defense contractors, and other “less desirable” sectors– benefiting from narrative-induced externalities
  • Low beta, minimum variance and inflation risks

We also delved into his barbell approach for equities, sector allocations and their cyclical natural, ESG, regulatory moats, and how to avoid value traps.

Thank you for watching and listening. See you next week.