{"podcast":{"title":"The Real Investment Show Podcast","slug":"the-real-investment-show-podcast-500742","podcast_index_feed_id":500742,"rss_url":"https://lancerobertsshow.libsyn.com/rss","website_url":"http://soundcloud.com/the-lance-roberts-show","image_url":"https://static.libsyn.com/p/assets/0/f/1/6/0f169eadb8debb51d959afa2a1bf1c87/1400_x_1400_Logo_for_iHeart.png","author":"The Lance Roberts Show","episode_count":3360,"summary":"It's a show about life, markets, sweat-equity, and the pursuit of wealth in a capitalist market.","last_synced_at":"2026-07-17T20:17:47.954832+00:00","page_url":"https://stenobird.com/podcast/the-real-investment-show-podcast-500742"},"episode":{"title":"6-23-26 The New Rules of Portfolio Protection","slug":"6-23-26-the-new-rules-of-portfolio-protection","published_at":"2026-06-23T16:22:00+00:00","page_url":"https://stenobird.com/podcast/the-real-investment-show-podcast-500742/6-23-26-the-new-rules-of-portfolio-protection","show_page_url":"https://stenobird.com/podcast/the-real-investment-show-podcast-500742","url":"https://lancerobertsshow.libsyn.com/6-23-26-the-new-rules-of-portfolio-protection","audio_url":"https://traffic.libsyn.com/secure/lancerobertsshow/6-23-26_The_New_Rules_of_Portfolio_Protection.mp3?dest-id=797352","summary":"Markets are near highs, but momentum is slowing, breadth remains narrow, buybacks are entering blackout periods, and investors are looking for ways to participate in gains without exposing themselves to a major drawdown. Lance Roberts & Jon Penn discuss practical portfolio protection strategies that don't require moving entirely to cash. Here's a topical rundown of today's show: 0:00 - INTRO 0:58 - End of Quarter Rebalancing Begins 4:25 - Markets to Retest 50-DMA 9:17 - How to Stay Invested Without Getting Burned 14:19 - Take Some Profits & Stay Disciplined 16:10 - Two Camps of Space-X 23:34 - The AI/Industrial Revolution 20:45 - The market is changing how we manage money 27:39 - Avoiding Catastrophic Loss of Capital 30:35 - 15 Rules of Risk Management 31:47 - How to Hedge Your Portfolio 36:21 - The Risk in Trading 40:14 - Bull markets Breed Confidence 43:42 - Be Careful of Narratives vs Market Behavior 45:24 - Remember How You React to Market Downturns (pain) 47:56 - Hedging Your Portfolio is not a Binary Issue Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/donQO1t_hLs ------- Watch our previous show, \"hen Money Flows Meet a Hawkish Fed\" https://youtube.com/live/UYxvj5axVTQ ------- Watch today's \"Before the Bell\" feature, \"Quarter-End Rebalancing Hits Markets,\" here: https://youtu.be/REkG7SgcVhw ------- Articles mentioned in this report: \"The Technical Backdrop: When Flows Meet a Hawkish Fed: https://realinvestmentadvice.com/resources/blog/the-technical-backdrop-when-flows-meet-a-hawkish-fed/ \"Ke…","meta_description":"Markets are near highs, but momentum is slowing, breadth remains narrow, buybacks are entering blackout periods, and investors are looking for ways to par…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3078,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-real-investment-show-podcast-500742/episodes/6-23-26-the-new-rules-of-portfolio-protection/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-real-investment-show-podcast-500742/6-23-26-the-new-rules-of-portfolio-protection.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}