ALO01: Adapting to Market Cycles ft. Phil Huber

Alan Dunne is joined today by Phil Huber, in the first of our new Allocator Series, to discuss the education gap that needs to be filled regarding efficient capital allocation, the typical clients and types of portfolios that Phil deals with, adjusting portfolios to accommodate for changing market cycles, defining ‘alternative investments’, the extent to which a portfolio should be actively managed, traditional versus alternative investments, the challenges of manager selection, cultivating a behavioural edge as an allocator, and how to manage difficult conversations with clients. ----- 50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE In this episode, we discuss: Better education around capital allocation Allocating capital throughout various market cycles How to define an ‘alternative investment’ How actively we should manage a portfolio Traditional versus alternative investments The difficulties in the manager selection process Being a great behavioural investor as an allocator Difficult conversations with clients Advice for aspiring capital allocators Follow Niels on Twitter , LinkedIn , YouTube or via the TTU website . IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here . And you can get a free copy of my latest book “ Ten Reasons to Add Trend Following to Your Portfolio ” here . Learn more about the Trend Barometer here . Send your questions to info@toptradersunplugged.com And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast. Follow Alan on Twitter . Follow Phil on Twitter . ----- Episode TimeStamps: 00:00 - Intro 02:44 - How 2022 has been for allocators so far 03:13 - Phil Huber’s journey into investing 05:46 - Why Phil wrote a book on capital allocation 09:00 - The typical clients, and types of portfolios that Phil deals with 12:07 - The 60 / 40 portfolio and how it became so popular 18:49 - Adjusting portfolios to accommodate for changing market cycles 22:37 - Defining ‘alternative investments’ 30:27 - Choosing which strategies to invest in, and when to choose these strategies 37:45 - The extent to which a portfolio should be actively managed 39:36 - Traditional versus alternative investments 40:04 - The challenges of manager selection 49:51 - Cultivating a behavioural edge as an allocator 53:09 - The importance of courage 54:55 - Managing difficult conversations with clients 01:01:68 -Advice for aspiring asset allocators ---- PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey: 1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here 2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here 3. Other Resources that can help you And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here Copyright © 2025 – CMC AG – All Rights Reserved Privacy Policy Disclaimer