Invest Like a Billionaire

Is your financial advisor keeping secrets from you? Well, not exactly. In this episode, we learn another key lesson from the Invest Like a Billionaire book: why the financial advising system is rigged against alts. Listen to hear why your advisor isn’t able to give you the guidance you need, and figure out how to work the system in your favour. PREORDER the Invest Like a Billionaire book at www.thebillionairebook.org/ And find out more about the podcast at https://www.thebillionairepodcast.com/

We’re back with another sneak peek into the Invest Like a Billionaire book! Bob and Ben join Ellis to share the secret killer of wealth – Volatility. They’ll walk you through the math around why volatility is the enemy of compounding wealth, and what you can do about it. PREORDER the Invest Like a Billionaire book at www.thebillionairebook.org/ And find out more about the podcast at https://www.thebillionairepodcast.com/

The discussion begins with the demise of the outdated 60-40 portfolio strategy, revealing why it no longer meets the needs of ultra-wealthy investors. The hosts introduce the Yale Model, emphasizing alternative investments and uncorrelated assets. They dive into how regulatory changes are opening doors for both wealthy and retail investors to explore new opportunities. The conversation also focuses on the evolving landscape of wealth management and encourages listeners to take control of their financial futures with informed strategies.

Exciting news! A new book focused on wealth-building strategies is set to launch this fall. Join a free virtual celebration featuring prominent experts in real estate and finance. Attendees will gain valuable insights and exclusive bonuses just for showing up. Mark your calendars for August 8th and get ready to explore the secrets of investing like a billionaire!

Ellis Hammond, Vice President of Capital at Aspen Funds, joins Ben Fraser to discuss strategic investing using the wealth pyramid. They emphasize avoiding impulsive decisions and the value of a structured approach to building a passive alternative portfolio. The conversation delves into learning from investment challenges, particularly in volatile markets, and highlights the importance of balancing risk and growth. Listeners will gain insights into creating a solid foundation of lower-risk investments while navigating complexities of post-exit strategies.

Bronson Hill, a full-time passive investor and author of 'Fire Yourself' and 'Rich Brain,' shares his inspiring journey from a corporate job to wealth-building. He dives into the concept of achieving both time and financial freedom through multifamily investments, highlighting the struggles faced by high-income earners. Bronson also discusses the value of gold as a stable investment, his experiences with market volatility in a failing Bitcoin mining fund, and the critical mindset shifts necessary for wealth creation.

Jim Pfeifer, a former financial advisor and the founder of Left Field Investors, transformed his career by diving into passive real estate investing. He discusses why traditional financial advisors often shy away from real estate. Jim shares insights on navigating syndication challenges, particularly in a fluctuating market, and emphasizes the importance of community for support and education. He also highlights the significance of balancing real estate with liquid investments and strategies for risk reduction through diversification.

Jim Maffuccio, a co-founder of Aspen Funds, has been through some seriously challenging cycles. On the podcast, he and Ben get into how he rebuilt after two catastrophic wipeouts – and what he’s learned so it won’t happen again. He shares his CSI-like strategies for vetting sponsors today, and how he decides which deals go forward, and which he’s now turning down.Find out more about the podcast at https://www.thebillionairepodcast.com/ and PREORDER the Invest Like a Billionaire book at www.thebillionairebook.org/ And check out Ben & Bob’s company and invest along at https://aspenfunds.us/

Discover how investment leaders decide which deals to pursue and which to pass on. Learn about the critical red flags in private credit deals and the challenges of navigating high-interest rates. The discussion sheds light on the discrepancies between optimistic rent growth projections and harsh market realities. Explore the shifting dynamics of cap rates and potential opportunities in prime markets, along with the unique challenges in multifamily real estate. This insightful dialogue emphasizes the need for thorough analysis and cautious strategies.

Tait Duryea, a commercial pilot and founder of Turbine Capital, combines his passions for aviation and financial freedom. He discusses how to evaluate investment opportunities and manage risk like a skilled pilot. Listeners learn the unique financial challenges pilots face and why diversifying income streams is vital. Duryea also shares early real estate experiences, from navigating syndications to facing unexpected project setbacks. He underscores the importance of networking and learning from experts to achieve ultimate financial independence.