Dr. Alan O'Sullivan

But look at offensive rebounds, look at defensive rebounds, look at that turquoise line.

He's way ahead, way ahead, perhaps producing the equivalent of what the other team members did.

Steeles, interestingly enough, was quite similar.

But it is that key component of rebounds that sets Rodman apart and made him so vital to the success of the Chicago Bulls team.

That's a nice nostalgic trip down memory lane with the Chicago Bulls.

But what's the point?

What's the emphasis of this?

So if Michael Jordan's of the world, the Messi's of the world, the Beckham's, they get all the headlines, they get all the glory.

But

if we have an investment portfolio full of the stars what are the stars from a portfolio construction perspective it's the equities it's the stocks it's the bitcoin perhaps it's the more speculative assets we need some dennis rodman's we need some ballast in the portfolio the next dynamic chart i produced is looking at gold

and the S&P 500 over the last 50 years.

So I've taken a sample 1970 to 2020.

Actually, if I had extended the 2020, it would have been more impressive.

But anyway, I think there's enough here to show you.

And I could have picked other defensive assets, hedge funds, rebalancing, equity funds, return, so forth.

But

To make a point, I'm just going to focus on gold at this point.

And what I'm going to show you is that over that 50-year period, we've had multiple episodes of geopolitical crisis.

We've had the tech wreck in 2000, the 1999 bubble.

We've had the 2008 financial crisis.