Mike Philbrick – Just Because You’re Winning Doesn’t Mean You’re Smart

<p><strong>BIO: </strong>Mike Philbrick is the CEO of ReSolve Asset Management. He has over 30 years of experience in investment management, serving in senior investment industry positions with several major financial services firms, and is responsible for investment decisions, coaching, and strategic leadership.</p><p><strong>STORY:</strong> Mike learned of a mining stock at the urinal. He invested, and the stock performed well because the mining industry was on fire. And so encouraged by early success and massive ignorance, Mike wiped all of those gains in no time.</p><p><strong>LEARNING:</strong> Don’t over-leverage. Understand what kind of investor you are. Ensure you have some protection before you go all-in in an investment.</p><p>&nbsp;</p><blockquote class="ql-align-center"><strong>“Just because you’re winning doesn’t mean you’re smart or you’re good at these things.”</strong></blockquote><blockquote class="ql-align-center">Mike Philbrick</blockquote><p>&nbsp;</p><h2>Guest profile</h2><p><a href="https://www.linkedin.com/in/michaelphilbrick/" rel="noopener noreferrer" target="_blank"><strong>Mike Philbrick</strong></a> is the Chief Executive Officer of <a href="https://investresolve.com/" rel="noopener noreferrer" target="_blank">ReSolve Asset Management</a>. He has over 30 years of experience in investment management, serving in senior investment industry positions with several major financial services firms, and is responsible for investment decisions, coaching, and strategic leadership. He has co-authored the book <a href="https://amzn.to/3tTwwvz" rel="noopener noreferrer" target="_blank"><em>Adaptive Asset Allocation: Dynamic Global Portfolios to Profit in Good Times – and Bad</em></a> (Wiley), as well as several whitepapers and research focused on adding new insights to the quantitative global asset allocation space.</p><p>Adaptive Asset Allocation and <a href="https://returnstacked.com/" rel="noopener noreferrer" target="_blank">Return Stacked Portfolio Solutions</a> have been popularized by him and