George Schultze says market volatility is forcing investors away from passive exposure and toward selective stock picking. He highlights domestic energy names like Expand Energy (EXE) and Chord Energy (CHRD) as defensive plays, and points to Flagstar Bank (FLG) as a potential banking turnaround as the yield curve steepens. With private credit facing structural stress, Schultze argues disciplined security selection now matters more than broad indexes.