Top Traders Unplugged

ALO23: Behind the Scenes of a High Net Worth Investor ft. Tad Fallows

May 8, 2024
Guest
Tad Fallows
Tad Fallows, Founder of Long Angle, discusses high-net-worth investments, highlighting risk profiles, private equity, alternative assets, and trend following. He explores esoteric investments like whiskey aging and crypto exposure, emphasizing intuition and conviction in deals.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Early Investing

  • Tad Fallows's interest in investing began at age eight when his grandparents set up trial stock accounts for him and his brother.
  • This early exposure sparked a lifelong fascination with business and investing, leading him to entrepreneurship and eventually, Long Angle.
INSIGHT

Risk vs. Volatility

  • Long Angle investors have a higher risk appetite, allocating only 14% of their net worth to cash or bonds.
  • They prioritize maximizing returns over minimizing volatility, viewing permanent capital impairment as the real risk, not short-term fluctuations.
INSIGHT

First-Generation Wealth & Risk

  • The high-risk appetite of Long Angle investors is primarily attributed to being first-generation wealth creators.
  • This allows them to be more comfortable with risk, knowing they can rebuild wealth, unlike those inheriting wealth.
Get the Snipd Podcast app to discover more snips from this episode
Get the app