In case you missed it, Hedgeye CEO Keith McCullough recently appeared on "The Rebel Capitalist" with real estate investor, entrepreneur and self-proclaimed macroeconomics addict George Gammon. Among other things, they discussed the outdated nature of the 60/40 portfolio.
In the insightful clip above, McCullough explains this tactic’s inherent flaws and suggests investors adopt a more thoughtful approach to their portfolio.
“Let’s just make it real simple, 60/40 is a static position,” explains McCullough. “Everything we are trying to invest in—the economy, markets, asset allocations—all are non-linear and dynamic. Why would you have a static solution for something that is non-linear and dynamic?”
Click here to watch the whole interview.