Definitely Uncertain: The Private Wealth Podcast

Commodities at a Turning Point: Cycles, Scarcity & the Case for Natural ResourcesIn this episode of the Definitely Uncertain podcast, Goldrock Partner David Ram sits down with Adam Rozencwajg, Partner at Goehring & Rozencwajg, an investment firm focused on the natural resources sector.They explore the long-overlooked case for commodities—including gold, uranium, platinum, and more—as the world faces structural underinvestment and shifting global capital flows. Adam unpacks why we may be entering a new multi-year bull market for commodities, and how investors should think about positioning for the decade ahead.🎧 Tune in to learn:Why commodities may be historically undervaluedWhat ESG, regulation, and capital constraints mean for future supplyWhere the most asymmetric opportunities lie in energy and metalsWhy this moment may echo 1972 or 2000 for contrarian investorsSubscribe to Definitely Uncertain for thoughtful, long-term investment conversations from Goldrock, a global multi-family office.

Markets are at a crossroads—but what’s actually moving the needle as we head into 2025? In Episode 131, host Darren Rockman welcomes Matheus Dibo, a senior investmentstrategist with 15 years of experience spanning São Paulo, New York, and now London.They dig into:• Why equity valuations are at levels rivaling the dot com peak• Macro indicators to monitor as central banks navigate high-rate terrain• Tactical moves across equities, bonds, currency, and emerging markets• How AI adoption is rewriting investment playbooks—and what it means for risk• Where China and digital assets (including Bitcoin) fit in a forward looking portfolioExpect real-world insights, sharp analysis, and actionable ideas to help you design a resilient and growth-minded strategy for the year ahead.

In this episode of Definitely Uncertain, Darren Rockman and David Chester discuss what international buyers and new olim need to know before purchasing property in Israel. They explore how a buyer's representative differs from a traditional real estate agent, why Israeli purchase contracts are not conditional on financing, and why opening a bank account and securing mortgage pre-approval should begin long before the right property is found. David also explains the key protections to insist on when buying off-plan, the substantial purchase tax benefits available to olim, including their often-overlooked use for commercial property, and why he believes today's slower market offers a real opportunity for buyers.IN THIS EPISODE, WE DISCUSS:• Buyer's representatives vs. agents• Financing and bank preparation• Off-plan purchase protections• Oleh purchase tax benefits• Israel's current buyers' marketABOUT DAVID CHESTERDavid Chester is a lawyer, IDF special forces combat soldier, and one of Israel's few real estate buyer's representatives working exclusively with international buyers, many of them high-net-worth families. Originally from Melbourne, Australia, David made aliyah at 20 as a lone soldier, serving in the Israeli Air Force's elite Shaldag unit. As a reservist, he has logged over 500 combat days since October 7, 2023. After earning his law degree at Tel Aviv University, David worked on cross-border M&A and international property transactions at a top Israeli law firm, and later led a nine-figure mortgage business partnering with major US financial institutions at one of Israel's leading high-tech companies. Today, he runs his own consultancy dedicated to representing international buyers, guiding them through the legal, financial, commercial, technical and cultural complexities of buying real estate in Israel and serving as a long-term, trusted advisor to the families he works with.ABOUT DEFINITELY UNCERTAINSince 2020, Goldrock has produced Definitely Uncertain, The Private Wealth Podcast. The podcast helps to unravel the many uncertainties facing high-net-worth families, covering topics ranging from investment strategies and macro trends to family governance and philanthropy.ABOUT GOLDROCKGoldrock is a trusted family office advisory firm - assisting significant families in the management of their affairs and financial assets. Goldrock understands the importance of wealth preservation and risk mitigation, and has first-hand experience managing significant family events and milestones. We are strong believers that asset allocation is the key driver to investment returns. We create our own global asset allocation which is applied uniquely to each family and work with the best investment managers from around the world. Our only interests are those of the families we serve. We are a fee-only, non-discretionary adviser. The firm was established in 1998 by Daniel Goldman.Learn more: https://www.goldrockcap.com/Subscribe to stay updated on how to navigate the uncertainties of private wealth.

In this episode of Definitely Uncertain, Jean-Baptiste Wautier and David Ram discuss Vautier's career path from M&A to private equity leadership, the alignment of interests between general and limited partners, and the critical importance of long-term wealth compounding. They also analyze how capital structure and artificial fund time horizons affect business value and decision-making. Finally, the conversation highlights key criteria for evaluating management teams and the ongoing consolidation trends shaping the future of private markets.IN THIS EPISODE, WE DISCUSS:• GP and LP interest alignment• Absolute numbers for liquidity management• Power of long-term compounding • Criteria for hiring leadership teams• Consolidation trends in private equityABOUT JEAN-BAPTISTE WAUTIERJean-Baptiste (JB) Wautier is a leading figure in the financial sector with over 30 years of experience in private equity, mergers and acquisitions, board governance, and corporate finance. He currently manages five consumer-focused portfolio companies within his family office, guiding their growth as a board member and Chairman. JB also serves as an Independent Director on the Boards of Pershing Square Holdings (PSH: LN) and Howard Hughes Holdings (HHH: US), where he brings strategic insight and governance expertise to two high-profile and transformative companies, active in global investment and large-scale real estate development. Additionally, JB serves as a Council Member of The Wall Street Journal Board of Directors Council, a distinguished network of global leaders who contribute insights on governance, leadership, and the evolving role of boards in driving sustainable growth and stakeholder value. His career highlights include significant roles at Arthur Andersen, Morgan Stanley, IK Partners, and BC Partners (BC), where he spent 20 years and was CIO for a decade. At BC, he co-managed €40 billion of assets, helped raise three flagship funds, and led ten major investments.ABOUT DEFINITELY UNCERTAINSince 2020, Goldrock has produced Definitely Uncertain, The Private Wealth Podcast. The podcast helps to unravel the many uncertainties facing high-net-worth families, covering topics ranging from investment strategies and macro trends to family governance and philanthropy.ABOUT GOLDROCKGoldrock is a trusted family office advisory firm - assisting significant families in the management of their affairs and financial assets. Goldrock understands the importance of wealth preservation and risk mitigation, and has first-hand experience managing significant family events and milestones. We are strong believers that asset allocation is the key driver to investment returns. We create our own global asset allocation which is applied uniquely to each family and work with the best investment managers from around the world. Our only interests are those of the families we serve. We are a fee-only, non-discretionary adviser. The firm was established in 1998 by Daniel Goldman.Learn more: https://www.goldrockcap.com/Subscribe to stay updated on how to navigate the uncertainties of private wealth.

In this episode of Definitely Uncertain, Amy Castoro and Darren Rockman discuss the complexities of multi-generational wealth transition and the crucial role that trust and communication play in maintaining family harmony. They explore why traditional wealth advisors often struggle to address the deeper emotional dynamics underlying family businesses and how "tranquilizer" governance structures can fail to prevent conflict. Through real-world examples, they highlight the necessity of understanding personal motivations and learning to listen deeply to co-design a sustainable family legacy.IN THIS EPISODE, WE DISCUSS:• Wealth transition statistics• Advisor skill gaps• Defining wealth purpose • Linguistic and somatic skills• Conflict red flagsABOUT AMY CASTORO:Amy Castoro is a recognized expert in preparing high-net-worth families to successfully transition wealth while maintaining family unity and control over assets. As President and CEO of The Williams Group, she leads a team dedicated to ensuring the smooth transfer of wealth across generations. Amy is also an accomplished author, keynote speaker, and senior family coach known for her direct yet compassionate approach, which fosters long-term relationships and delivers measurable results.ABOUT DEFINITELY UNCERTAINSince 2020, Goldrock has produced Definitely Uncertain, The Private Wealth Podcast. The podcast helps to unravel the many uncertainties facing high-net-worth families, covering topics ranging from investment strategies and macro trends to family governance and philanthropy.ABOUT GOLDROCKGoldrock is a trusted family office advisory firm - assisting significant families in the management of their affairs and financial assets. Goldrock understands the importance of wealth preservation and risk mitigation, and has first-hand experience managing significant family events and milestones. We are strong believers that asset allocation is the key driver to investment returns. We create our own global asset allocation which is applied uniquely to each family and work with the best investment managers from around the world. Our only interests are those of the families we serve. We are a fee-only, non-discretionary adviser. The firm was established in 1998 by Daniel Goldman.Learn more: https://www.goldrockcap.com/Subscribe to stay updated on how to navigate the uncertainties of private wealth.