Show Us Your Portfolio: Mike Green | How a Macro Expert Manges His Own Portfolio

In this episode we talk to Simplify Asset Management's Mike Green about how he manages his personal portfolio. We discuss Mike's macro-based approach and how he has implemented it using an ETF strategy. We cover the unique components within his strategy and how Mike thinks about combining them together into a portfolio. We also talk about how working in the investment business impacts how Mike builds his portfolio, the importance of sabbaticals, his upcoming RV trip, how he is coping with his current lack of cooking tools and a lot more. 00:00 - Intro 02:36 - A high level look at how Mike thinks about his portfolio 05:38 - Mike's upcoming cross country RV trip 08:28 - The benefits of taking sabbaticals 12:33 - Simple vs. complex in investing 16:35 - Payoff structures vs. asset allocation 19:10 - Approaching your portfolio strategy with humility 23:04 - Should investors be scared of leverage? 25:27 - A unique approach to high yield debt investing 29:49 - Hedging interest rate risk 31:59 - How Mike's views on passive investing impact his portfolio construction 34:43 - Should valuations matter? 36:52 - How David Einhorn has evolved his views on valuation 40:24 - How Mike views international exposure 43:49 - The role of managed futures in Mike's portfolio 45:18 - Gold and volatility harvesting 48:01 - How Mike thinks about rebalancing 51:56 - What Mike would like to do in his portfolio that he can't yet 53:42 - Mike's approach to private equity and real estate 56:16 - Mike's views on crypto 59:28 - Mike's biggest investing mistake 01:04:36 - What Mike spends money on outside of investing 01:07:35 - The one lesson Mike would teach the average investor MORE ABOUT SIMPLIFY https://www.simplify.us/ FOLLOW MIKE ON TWITTER https://twitter.com/profplum99 SEE LATEST EPISODES https://www.validea.com/excess-returns-podcast FIND OUT MORE ABOUT VALIDEA https://www.validea.com FIND OUT MORE ABOUT VALIDEA CAPITAL https://www.valideacapital.com FOLLOW JACK Twitter: https://twitter.com/practicalquant LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094 FOLLOW JUSTIN Twitter: https://twitter.com/jjcarbonneau LinkedIn: https://www.linkedin.com/in/jcarbonneau