Path to Abundant Living

Investing When the Rules Keep Changing (Feat: Adam Butler)


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In this episode of Path to Abundant Living, host Matt Nordmann sits down with Adam Butler, Chief Investment Officer at ReSolve Asset Management, for a wide-ranging conversation on how investing has evolved in a world where the old rules no longer apply.

Drawing on more than two decades of experience across multiple market regimes, Adam shares how lessons from the 2008 financial crisis reshaped his thinking around risk, diversification, and portfolio construction. The discussion explores common misconceptions about quantitative investing, the challenges of designing portfolios that can withstand both inflationary and deflationary environments, and why diversification can feel broken precisely when it’s needed most.

Matt and Adam also look ahead—examining how structural changes in monetary policy, growing political and economic instability, and the rapid advancement of artificial intelligence are altering the signals investors rely on. The result is a thoughtful, forward-looking conversation for investors seeking resilient, adaptive strategies in an increasingly uncertain global landscape.

Chapters:

0:00 - Introduction

3:54 - How the 2008 market cycle shaped modern day investing

8:57 - Moving from qualitative to quant investing practices

22:17 - Investing to address inflation and deflationary times

31:13 - Our investing toolset has expanded

39:10 - The hardest part of investing for many investors

44:49 - The impact of AI on modern day investing strategies

53:47 - How to model risk when there isn't historical data

1:00:23 - Key takeaways

1:04:18 - Closing remarks

...more
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Path to Abundant LivingBy Scott Morrison and Matt Nordmann

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