#48 Corey Hoffstein - Return Stacking, Investor Behaviour, and Structural Innovation

07/09/2025 26 min
#48 Corey Hoffstein - Return Stacking, Investor Behaviour, and Structural Innovation

Listen "#48 Corey Hoffstein - Return Stacking, Investor Behaviour, and Structural Innovation"

Episode Synopsis


In this conversation with Corey Hoffstein, CEO and CIO of Newfound Research, portfolio manager for Return Stacked® ETFs, and host of one of my favourite podcasts, “Flirting with Models”, we explore why the structure you choose can determine whether a good idea actually works.We dive into the origins of return stacking, the power of capital efficiency, and how behavioural frictions like “line-item risk” shape investor outcomes. From ETF design to liquidity pitfalls, this is both a technical and practical look at building better portfolios. 

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