Mike Philbrick
Member since: Jun '18
President at
ReSolve Asset Management

Latest Top Picks

(A Top Pick Mar 25/20, Down 4%) It was a hedge against uncertainty and it performed exceedingly well. We saw central banks acted with extreme measures as well as extreme quickness. We saw printing of 20-30% of all the money that ever existed has been printed in the last 6 to 9 months. You should be thinking about these assets now and re-balancing. Rates are going to be held at zero for some time. We have a potentially slowing economy that could be shutting now. We have enormous debt and money printing. The vaccine could take 12 to 18 months to get fully deployed. Many Americans may not take it. You need to diversify to weather all of the storms. People should have at least some gold in their portfolio.
(A Top Pick Mar 25/20, Down 6%) It is very similar to the story with PHYS-N that he just talked about. Bonds are what we buy when there is the potential of uncertainty. We saw unprecedented cuts in yield. You want to revisit and see how this massive equity rally has caused your portfolio to become unbalanced. Over the next 12 to 18 months, the roll-out of the vaccine will not be perfect so there is lots of room for uncertainty along the way.
The Chinese domestic 'A' shares market is going to be chased by portfolio managers all over the world. The MSCI index is about a 1.5% allocation to Chinese markets and this is going to be gradually increased over the next 10 years to 10% and institutions will be required to increase their exposure. It is soon to be the largest stock market in the world.
Now it has gone through a bit of a corrective phase and there is a massive opportunity in the legal and pharma Marijuana in the US. It is expected to grow from 9 billion to 31 billion by 2042. Most US companies domicile on the Canadian stock exchange. There was broad US support for legalization during the election. Go with the US side.
They are a sub-advisor for the fund. It is a globally diversified strategy with advanced diversification and systematic long / short global macro and a dynamic tail protection to provide investors with an all-weather investment.