Pierre Daillie and Mike Philbrick welcome Tony Dong—Lead ETF Analyst at ETF Central and founder of ETF Portfolio Blueprint— to the show to explore why investors may need to rethink their reliance on traditional portfolio diversifiers like long-term bonds. Dong pulls no punches, calling out the pitfalls of covered call ETFs, explaining how to think critically about buy-write strategies, and championing capital-efficient alternatives like return stacking, trend-following CTAs, and risk-managed overlays. The trio also dig into the strategic case for overlooked assets like Swiss equities and the Swiss franc, while sharing practical insights into investor behavior, rebalancing discipline, and building resilient portfolios in a stagflation-prone world.
🔖 Key Takeaways:
00:00 – Tony Dong’s Risk-First Origin Story
03:45 – The Problem with Index-Based Covered Call ETFs
08:30 – Gold, Volatility, and Opportunistic Buy-Write Strategies
13:10 – QYLD: A Yield Trap in Disguise?
19:45 – When Bonds Fail: Gold and Trend as Alternatives
23:20 – Leveraging Diversification with Return Stacking
28:00 – Retail’s Dangerous Love Affair with Leveraged ETFs
31:40 – The Rise of Structured Protection: Put Spread Collars
36:20 – Why Low Vol and Min Vol May Be Broken Concepts
39:10 – Trend Following: The Case for Buying the Shop, Not the ETF
43:00 – Behavioral Risk and Staying the Course with Alternatives
47:30 – How to Rebalance for Real-World Portfolios
53:00 – Investor Psychology, Crisis Alpha, and Staying Invested
57:00 – The Case for Switzerland: Stability, Strength, and Sanity
ETF Portfolio Blueprint - https://etfportfolioblueprint.com
Tony Dong, Lead ETF Analyst, ETF Central - https://www.etfcentral.com/author/tony-dong
#InvestingStrategy #ETFs #TrendFollowing #ReturnStacking #PortfolioDiversification #CoveredCalls #QYLD #Alternatives #CapitalEfficient #Gold #BehavioralFinance #TonyDong #RaiseYourAverage
