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The Wealth Formula Podcast is one of the longest-running personal finance podcasts still standing. For more than a decade, I've shown up every single week to talk about investing, markets, and the forces shaping the economy. What's interesting is how much my own thinking has evolved over that time. Early on, I was more rigid. I was—and still am—a real estate guy. But back then, I didn't give much thought to ideas outside that lane. I was dogmatic, and I didn't always challenge my own beliefs. Time has a way of doing that for you. I've now lived through multiple market cycles. I've watched the stock market melt up to valuations that felt absurd—and then keep going. I've seen gold go from flat for a decade to parabolic over a year. I've seen interest rates sit near zero for a decade and then snap higher at the fastest pace in modern history. And I've learned, sometimes the hard way, that diversification is about survival and that every asset class has its day. One lesson I learned that I am thinking a lot about these days is: ignore major technological shifts at your own peril. Back in 2014, I first started hearing people talk seriously about Bitcoin. At the time, I dismissed it. I listened to the critics, was convinced it was a scam, and didn't take the time to truly understand it. That was a mistake—not because everyone should have bought Bitcoin, but because I ignored a structural change happening right in front of me. Bitcoin went from a cypherpunk expression of freedom to the largest ETF owned by BlackRock. Today, the dominant story is artificial intelligence. And whether you love stocks, hate stocks, prefer real estate, or focus exclusively on cash flow, you cannot afford to ignore AI. This isn't a fad. It's a general-purpose technology—on the scale of electricity, the internet, or the industrial revolution itself. That doesn't mean it's easy to invest in. It's hard to look at headline names trading at massive valuations and feel good about buying them today. But investing in AI isn't about chasing a single company. It's about understanding second- and third-order effects: energy demand, data centers, productivity gains, labor displacement, capital flows, and how blockchain and decentralized systems intersect with all of it. What experience has taught me is this: you don't need to be first to invest—but you do need to be early in understanding. If you wait until something feels obvious, most of the opportunity is already gone. This week's episode of the Wealth Formula Podcast is focused squarely on AI and blockchain—what's real, what's noise, and where the long-term implications may lie. Listen to this episode. You'll come away smarter. And years from now, you may look back and realize this was one of those moments where paying attention really mattered. Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com.  Welcome everybody. This is Buck Joffrey with the Wealth Formula Podcast. Coming to you from Montecito, California. Today we wanna start with a reminder. We are in a new year and we are already doing deals, uh, through the Wealth Formula Accredit Investor Club. You can go and sign up for that for free. Uh, wealth formula.com just hit investor club and you just get on there and, and you’ll get onboarded. And from there, all you gotta do is wait for deal flow and webinars coming to your inbox. And, um, you know, if nothing else, you learn something. So go check it out. Uh, go to. Wealth formula.com and sign up for Investor Club now onto today’s show. Uh, the, it is interesting. I don’t know if you are aware it’s a listener, but we are, wealth Formula is, uh, probably I would say one of the, certainly in the one of the top longest running personal finance podcasts still. Standing. Uh, I’ve been around, well, I think the first episode was on like 2014, so it was a long time, but in earnest, you know, at least for over a decade. And, you know, during that time, I’ve shown up every week, every single week. Don’t Ms. Weeks, but none, none. Isn’t that incredible? I’ve shown up, uh, talked about investing and talked about very way markets are working, forces, shaping the economy, all that kind of stuff. But you know, as you can imagine, as a. As a younger individual versus, um, my crusty self. Now, you know, a lot of my own thinking has evolved over that time, you know, back then. And I, you know, I think this appealed to some people, but, um, you know, I was really dogmatic. I’m a real estate guy, right? And I still am a real estate guy, but back then I wouldn’t give anything else the time of day to even think about, you know, and, and, uh, I, I, you know. I was dogmatic and didn’t always challenge my own belief systems. Um, I’m different now, right? I’ve softened And time is a way of, of changing all of that dogmatic stuff for you. You know, I’ve lived through multiple market cycles. I’ve watched, well, I’ve watched the stock market, which I, which I always maligned, you know, melt up to valuations. Uh, that felt absurd. And then keep going higher. I’ve seen gold, which was kind of ridiculous for the longest time. I watched it for like a decade, just pretty much flat, and then it goes parabolic. Over the last year, I’ve seen interest rates sit near zero for a decade and then snap higher. Uh, not even as time, just launch higher at the fastest space in modern history. And I’ve learned sometimes I guess, the hard way that diversification is about survival and that every class, every asset class has its day. Just like every dog has its day. And um, you know, one other lesson that I learned that I’m thinking a lot about these days is ignore major technological shifts at your own peril. So what am I talking about? Well. It’s kind of a, it is a technological shift, whether you think it about not, but Bitcoin. Okay. Back in 2014, I first started hearing people talk seriously about Bitcoin, and at that time I dismissed it. I was, uh, I was listening to critics beater Schiff that constantly called it a scam, said it was going to zero and so on. I didn’t, I didn’t take the time to truly understand it, to try to understand it the way I understand it now, that makes me a believer in Bitcoin. That, of course was a big mistake, not because, you know, everyone should have bought Bitcoin and, uh, back then, well, they, you know, would’ve been nice if they did, but because fundamentally I ignored something that was a structural change happening right in front of me. And since then, Bitcoin went from a cipher punk expression of freedom to the large CTF owned by BlackRock today. The dominant story is actually artificial intelligence. Now, whether you love stocks, hate stocks, prefer real estate focused exclusively on cab, whatever, you cannot afford to ignore ai. It’s not a fad. It’s a general purpose technology and a technology shift, and the scale of electricity. The internet bigger than the internet, bigger than the industrial revolution. Now, that doesn’t mean it’s easy to invest in. I mean, I’m gonna go invest in AI and make a bunch of money because I mean, what does that even mean? It’s hard to look at headline names, trading at massive valuations like Nvidia and all that right now, and saying, oh, I’m gonna go buy that. Who knows? That’s gonna work out. When I talk about investing in AI isn’t really just investing in stocks or any individual company or data centers or whatever. It’s about understanding. The second and third order effects, energy demand. You know, as I mentioned, data centers, productivity gains, labor displacement, capital flows, and how blockchain and decentralized systems intersect with all of that. It is very, very complicated. Um, but it’s really important to start to try to understand, you know, an experience that stop me is this. You don’t need to be the first to invest, but you do need to be early in understanding. If you wait until something feels obvious, usually the opportunity’s gone by then. And you know, the thing about AI is even if you think it’s obvious now. The reality is that most people haven’t really caught on. Maybe they played with chat GPT, but I don’t think they’re understanding what this whole, you know, this thing is gonna do to our world. Um, anyway, so that is what this week’s episode of Wealth Formula Podcast, uh, is about. It’s about AI and also, um, a little bit about, you know, bitcoin and blockchain and that kind of thing. Um, we’re gonna talk about what’s noise, uh, you know, where the long, what the long-term, uh, implications are all of this stuff. This is a show that, uh, I really enjoy doing really, really good stuff. Um, so make sure you listen in. We’ll have that interview for you right after these messages. Wealth Formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net. The strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own bank to invest in other cash flowing investments. Here’s the key. Even though you borrowed money at a simple interest rate, your insurance company keeps paying you compound interest. On that money, even though you’ve borrowed it, that result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique. It’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its backbone. Turbocharge your investments. Visit Wealth formula banking.com. Again, that’s wealth formula banking.com. Welcome back to the show, everyone. Today. My guest on Wealth Formula podcast is Jim Thorne, chief Market strategist at Wellington. L is private wealth with more than 25 years of experience in capital markets. He’s previously served as chief capital market strategist, senior portfolio manager, chief economist, and CIO. Uh, equities at major investment firms and has also taught economics and finance at the university level. Uh, Jim is known for translating complex economic, political, and market dynamics into clear actionable insights to help investors and advisors navigate long-term capital decisions. Uh, Jim, welcome with the program. Thanks for having me Buck. Well, um, Tim, I, I, I, uh, had been following a little bit of, uh, what you discuss on, uh, on X and, um, one of the things that caught my eye is, you know, your, your narrative on, on ai, a lot of people are tend to be still sort of skeptical of AI and what’s going on, uh, with the markets. Um, uh, but at the same time, uh, there’s this. Sense. I think that ignoring AI altogether as an investor is, is, is downright potentially dangerous. So, uh, at the highest level, why is AI something people simply can’t dismiss? Well, we live in an, uh, uh, you know, many other people have coined this term, but we live, we’re living in an exponential age of, of technological innovation. And, you know, AI and I’ll just add into their, uh, blockchain is just the normal evolutionary process that, you know, for me started when I left graduate school and came into the business in the nineties where everybody had this high degree of skepticism of the computer and the, the, the phone, the, the. And the internet. And so, you know, what we do is we go through these cycles and there are periods of time where the stars align. And we have a period of time where we have what I would call an intense period of innovation where I would suggest to you that. People are skeptical. Skeptical, and yet at the same point in time, they very early on in the, in the, in the trade, call it a bubble when it’s not. And so I think it comes from the position of ignorance. One, I think two, fear, and then three. If you think about if you are an active manager, I in a 40 ACT fund, um, you know, and you’re sitting there with, uh, you know, mi. Uh, Nvidia at, you know, eight or 9% of your index. And that’s a big chunk that you’ve gotta put into your fund, uh, just to be market neutral. So there’s a lot of people that hate this rally. There’s a lot of people that are can, going to continue to hate this rally. But the thing I anchor my hat on are a couple of things. Look at if this is no different than the railroad. Canals, any major technological innovation, will it become a bubble? Yes. Just not now. So, so let’s follow up on that, because a lot of people think, or are talking about the, do you know the.com bubble, uh, comparisons, and you’ve argued that that sort of misses the real story. So, so where are we getting it wrong right now? Are those people getting it wrong? In the nineties buck, you’d walk into a bar and there wouldn’t be ESPN on there’d be CNBC on people were getting their jobs to become day traders. Folks didn’t go to the go to university because they were basically getting their white papers financed. You had companies that were trading off of clicks. So I lived that. Anybody who is of a younger generation has no idea what a bubble is, and it’s specious and pedantic for them to use that term when they have no clue about what they’re talking about. But you did mention that it could become a bubble. How do we know when it does become a bubble? Oh, it’ll become a bubble. Well, when, when, when you know, the, what, what I am looking for is, you know, when we, when the good investment opportunities start to dry up, when liquidity starts to dry up. So what I, it’s not about valuation, to me it’s about liquidity. So in 2000, what, and I’m roughly speaking, what went down was you had all these companies that were trading at Strat catastrophic valuation, this stupid valuations, and you walked in one day and they didn’t get financing. And if you read the prospectus or you followed the company, you knew that they were not going to be free cash flow positive for another two or three rounds of financing. All of a sudden you walked in and everybody goes, oh my God, this thing, you know, trading at 250 times sales. And everybody went, yeah, of course. And so what it was is, was when does liquidity dry up? So I’ll give you a date, um, you know, with Trump’s big beautiful bill act. 100% tax deductibility of CapEx and that goes until Jan 1, 20 31. So to me, that’s a very motivating factor for people to, um, invest. The last thing I would say to you in more of a game theoretic context book is, look, if you are a big tech company and you don’t invest in ai. You are ensuring your death. Yahoo, Hela Packard. I can go through the list of companies that cease to invest, so they’re looking. If it was you and I when we were running this company, I would say, dude, we gotta invest because if we don’t have a poll position in this next platform, whatever it is, we’re done. We’re toast. And I think that’s why you’re seeing all these hyperscalers spending as much money as they are. ’cause they get this, they saw it. So, you know, you framed ai not necessarily as a a tech trade, but as a capital expenditure cycle. Can you explain that to people? Well, what we need to do is we need to build out the infrastructure of ai. Then, and that’s the phase that we’re in right now. So it’s more like we’re building out all of the railroads, the railway tracks and the railway stations across the United States back in the 18 hundreds. And then we’re gonna go through that building phase. And then as that building phase goes, some companies, some towns, are going to basically realize and recognize what’s happening and start to basically take ai. Bring it into their business model, into enhanced margins. Right. So right now we’re building it out. I mean, you know, we all focus on the hyperscalers, but the majority of companies, pardon me, governments. Individuals, they haven’t used AI and, and what is interesting about this is back in the nineties, they were talking about how the internet had to evolve to be much more. You know, uh, have critical thinking in, in, in it. And it was more explained when you went to these conferences, as you know, you know, think about this. You’re hearing this in 99, okay? Not today. You go in and you ask Google or dog pile at the same time, or excite, okay? You would say, I wanna go to Florida in the third week of March and I wanna stay here and I wanna spend this amount of money and I wanna rent a car. Plan it for me. And they would come back and they would tell you that it would come back and it would, it would, everything would be there. And you would have your over here and all you would have to do is drop your money and you had your thing planned. So none of this is as, it’s aspirational, but we’ve heard it before. And in technology, what happens is it’s not like it’s new. We’ve been talking to, I did machine learning in in graduate school. Ai, you know, I did neural networks and I’m a terrible Ian. This isn’t, you know, Claude Shannon wrote about this in 1937, right? But it’s about when does it hit, and so it was chat GBT. Can we argue, was that right? As an investor, it’s stop arguing, start investing. Then what you’ve gotta figure out, which is the question you ask, is when does the music stop? I think it goes until the end of the decade. You know, one of the things that, uh, is interesting about this, uh, AI investment, uh, it’s, it’s unfolding in a higher interest rate environment. Why is that detail so important? Understanding its significance? Well, it’s the cost of capital, right? And so this phase that we have right now. It’s funny you say that, right? ’cause our reference point is zero interest rates, right? Yeah, yeah. Right. That’s right. So, you know, you know, so, so think about this, what it happens right now. Now we’re in the phase where you’ve got these hyperscalers that instead of taking all their free cash flow and buying bonds and buying back stock, are increasing CapEx because there’s a great tax deduction on it. So you get a lot of, so we’re in this phase where, for where, where a lot of the money is, you know, was. Was, let me, let me be clear, was a hundred free cashflow. Now we’re getting these guys, these companies like Oracle and what have you, you know, starting to issue debt and look at debt isn’t bad as long as the rate of return on debt is higher than the interest rates. And so, you know, you know, I, I would say historically speaking, for a lot of these high quality names, the interest rates are not, uh, at levels that will stop them from investing. Right. Right. You know, you’ve written that, um, productivity is ultimately the real story behind ai. So why does productivity matter more than the technology headlines themselves? Well, let me just put it this way, right? So we’ve grown, I grew up, I, I joined, I’m up here in Toronto, right? So I’m gonna give it to you in Canadian dollars, right? So I joined, I joined here. You know, I grew up here, went to the states, came back home. Growing this company I joined when we’re about three and a half billion. We’re getting close to 50 billion, and we’re the fastest growing independent platform in the country. I’m a one man band, right? I use three ai. In the old days, I’d have four research assistants. Where’s the margin in that? And so I, that’s how I see it. And let me be clear, it’s, you know, this isn’t we’re, it’s not perfect. But if I wanted to say, instead of you, but hey, write me a 2000 word essay on the counterfactual of what happened with railroads up until 1894 when the, when the bubble popped, give me a f, you know, a a thousand word essay and, and just a general overview. I can get that in less than five minutes. Michael Sailor is writing product on ai, which, which, which you would take, which you would take. He’s in his presentation, say it would take a hundred lawyers. So it’s gonna be more about those. And it’s, it’s no different than Internet of things or, you know, it was, uh, Kasparov that talked about this. Gary Kasparov talking about the melding of, of technology in humans. He would ran, run this chess tournament called freestyle. You could use a computer, you could use, you know, grand Masters. You could use whatever you wanted to compete. And who won? Well, who won it Was that those teams that were generalists that had a little bit of that, the knowledge of the computer and the knowledge of the test. Uh, o of chess, right? That’s what’s gonna happen. So this isn’t we’re, as far as I’m concerned, we’re not, yes, there’s going to be some d some jobs that are going to be replaced, but that is always the case in technology. I’m not a Luddite, okay? I am not Luddite. But the same point in time. I, I would suggest to you that it, it is just a really, for me, it’s a, helps me. Do research no different than when I was an undergrad and they went from cue cards in the, the library at the university to actually having a dummy terminal and I could ask questions in queue. You know, it stalked me from having to go to the basement of the library and going to microfiche. Right. Have helping that way. Now can it, can, will it do other things? I’m sure it is, and I’ll lead that to Elon Musk and the crew. You know, that’s above my pay grade. But for me, I see it as a very helpful way of, you know, allowing me to process and delineate. Much more information a a and not have me waste so much time trying to figure out what got went on in the past or, you know, QMF. Right. You know, summarize me the talk five, you know, academic papers in this area, what are they saying? And then they gimme the papers. Right. It just speeds the process up. Yeah. You know, um, one of the things that I’ve been sort of talking about and thinking about. Is that it’s hard to not see AI as a very, very strong deflationary force. Um, how do you think about that? Yeah. Technology is deflationary, right? Doubt about it. And so I look at it this way, Ray. Um, so I work at the financial services industry, okay. You know, Mr. Diamond of JP Morgan is talking about how they are starting to embrace blockchain and ai. They are going to cut out the back end of that in the, the margins in that, in that company by the end of the cycle are going to be fantastic. People just do not get in. You know, the financial services industry is built on a platform. Of the 1960s, dude. I mean, they’re still running Fortran, cobalt. So you know what I, how I look at this is much more as a margin type story, and there’s going to be a lot of displacement. But at the same point in time, I look at Tesla and automation and ai. And you know, people look at Tesla as a car company. I look at Tesla as an advanced manufacturing company. Elon Musk could basically go into any industry and disrupt it if it wanted to. Right. So that’s how I look at it. And so, you know, the hard part is going to be, you know. Nothing. If we get back to where we were, it’s not going to be perfect, right? Because here’s, here’s where the counter is, here’s where the counter is. Right? If you, if, if you think about, and we’re, I’m gonna take Trump outta the equation and ent outta the equation right now, but if we just went back to the way things were before COVID, we would have strong deflationary forces. Okay. Just with demographics, just with excessive levels of debt. Just with, you know, pushing on a string in terms of, in terms we couldn’t get the growth up, you know, and, you know, and the overregulation of financial institutions. Trump and descent are basically applying what’s called supply side economics, and they’re deregulating. It’s says law, which is John Batiste, that says basically supply creates his own demand and it’s non-inflationary. But really what they’re going to try to do is they’re going to try to run the economy hot and they’re gonna try to pull this way out of the debt. And if you do that and you deregulate the banks. And allow the banks to get back to where they were before the financial crisis. Okay. You know, and, and the Fed takes its interest rates down to neutral, expands the balance sheet. Then I don’t think we’re gonna go back to the zero bound in deflation. I think this thing’s gonna run hot for a long time. And I think it, the real question is, is, is is 2 75 in the United States the neutral rate? I think it is. Uh, but as, as, as Scott be says, and, and, and, and, and let’s be clear, buck, the guy’s a superstar. Okay. Guy is a legend. Just you sit there, just shut up and listen to him. Okay. They keep up, right? Well, so they’re gonna run it hot, but where we are is, in his words, mine, not mine. We’re still in this detox period, you know what I mean? We still got the Biden era. We still got, you know, a over a decade of excessive ca of Central Bank intermediation. That needs to get, you know, go away. So what I say, and what I’ve been writing about is 26 is going to be the year that the baton is passed back to the private sector. Let’s get rates down to 2 75. That’s, I mean, I’m going off the New York Fed model. That says real fed funds, the real, the real neutral rate is 75 to 78 basis points. I think inflation’s at two. That that gets you 2 75. Get the rates there and then get the balance sheet of the Fed to the level so that overnight lending isn’t loose or tight. It’s just normal. And then step back, go away and let Wall Street and the private sector create credit. Create economic growth and let’s get back to the business cycle. And if we do that, we’re gonna have non-inflationary growth. It’s gonna be strong, but we’re not going back to the zero bound and we’re gonna grow our way out of this. And so that’s where I get really excited about. This is a very unique time in history. A very, very, very unique time in history where, and I don’t know how long it’s going to last because of the compression that we have now because of the, you know, we live in such a digital world, but let’s say it’s five years demographic says it’s to 33, 32 to 33. That’s, you know, that’s how long this run is. And, and to me, uh, AI is a massive play. I, I, to me, blockchain is a massive play and to me it’s to those countries and companies that get it is, whereas investors, we wanna think, start thinking about investing. Yeah. You mentioned, um, non non-inflationary growth. Can you drill down on that a little bit just so people understand a little bit where. Usually you think of an economy running super hot, you, you think automatically there’s an, you know, an inflationary growth. So I want you to think in your mind into your list as think in your mind. Go back to economics 1 0 1 with the demand curve. In the supply curve, okay? And there are an equilibrium. And at that equilibrium we have a price at an equilibrium, and we have an output as an equilibrium. Okay? Now what I want you to do is I want you to keep the demand curves stagnant or, or, or anchored. Then I want you to shift the supply curve out. Prices go down, output goes out. We can talk all this esoteric stuff, you know, you know Ronald Reagan and, and Robert Mandel and supply side economics. But it’s really your shift in the supply curve out, and that’s what, and that’s what BeIN’s doing. I mean, this is a w would just sit down and be quiet. He’s talking about, you know, what is deregulation? He’s pushing the supply provider. Oh, hold on. My phone. My, my thing. And what did, since the two thousands, what did, what was the policy? It was kingian, it was all focused on the demand curve. Everything was focused on demand. And so all we’re doing is we’re, we’re getting the keynesians out. I use 2000 ’cause that’s when Ben Bernanke really came in and was very influential. Let me just say he’s a very smart, I learned so much from reading. Smart, smart, smart, smart guy. But his whole thing was Kasan. He came from MIT, his thesis supervisor was Stanley Fisher, right? We’re going back to, you know, Mario Dragons thesis supervisors, Stanley Fisher, all these guys came from MIT, Larry, M-I-T-M-I-T, Yale, and Princeton. Whereas previously it was the University of Chicago. It was Milton Friedman. It was, it was supply side economics. We’re going back, they’re going back to supply side economics and right now we need it. We need balance. But my god, what did we end off with? We ended off with four years of mono modern monetary theory. Deficits matter. That’s insanity. You had mentioned a little bit, uh, you, you’ve talked about blockchain a few times here. Talk about the significance. I mean, it’s sort of, you know, blockchain was a thing that everybody was, everybody was talking about it, you know, three, four years ago, but now it’s all about ai. But you know, now you’ve got, um, but in, but in the background, blockchain has grown, uh, adoption has grown. Uh, tell us what’s going on there, and if you could tie it into the significance of, of where we’re at today. Yeah. Um, uh, Jeff Bezos gave a wonderful speech, I think in two thou, early two thousands, where he basically talked about the fact that, you know, once this innovation is led out of the genie’s, led out of the bottle, whether or not, you know, buck and Jim, like it as an investment, the innovation continues. And so after the internet bubble pop, right? Really smart guys like Jeff Bezos, uh, Zuckerberg, you, you, the whole cast of characters, right? Basically built it out. Okay. And it wasn’t perfect and everybody knew it wasn’t perfect. I mean, that was the whole thing that was so bizarre. But they knew it wasn’t perfect and they knew that they needed to solve some problems. Right. And you know, it was a double spend problem. I mean, the internet that we were dealing with right now was developed in the 1950s and so on and so forth. And so, you know, that always stuck with me. Right. A couple of things stuck with me because I’ve lived through a couple of these cycles. The first one is Buck. When the, when Wall Street coalesces around something just shut up and buy it, right? I mean, I, I spent too much of my life arguing about whether dog pile and Ask Gees was better than Google. Wall Street said Google was the best. Shut up. Invest, right? And so, so look, blockchain solved the double spend problem. Blockchain solved all the problems that the original iteration of the internet could solve, and everybody knew it was coming along okay. So it’s a decentral, it’s decentralized, right? Uh, does, does not need to be reconciled. So no. Not only do you have another iteration of the internet. You have basically introduced into society the biggest innovation in accounting or recordkeeping since double entry. Bookkeeping accounting was introduced in Florence, Italy centuries ago by the Medicis and, and buck. All this is out there like, so this is a profound, right? So think about you’re in an accounting department and you don’t have to reconcile, right? So look. The first use cakes was Bitcoin. And what was the, what was the beautiful thing about it? Well, first off, it grew up by itself. And secondly, it’s got perfect scarcity, right? And so let’s just full stop. And I mean, yes, gold and silver had the run that they should have had decades. So I had been waiting and listening to people, gold bugs, talking about this type of run since the nineties. Okay. Um, but look, you know, and the problem with fi money, right? I mean, this is, this goes back decades. It’s an old argument. The way you solve it is, is Bitcoin. That’s the solution. I mean, forget about it. I mean, if they’re gonna whip it around and do all this stuff, fine. But the other thing that people miss and Sailor hasn’t, and Sailor is brilliant, is look. Bitcoin is pristine collateral in 2008, in September. What caused the, the system to stop was the counter. We could not identify counterparty risk for near cash. It was a settlement problem. Anybody you talk to Buck that says it was, you know, the subprime this and it, yeah, that was crap. I get that. But when the system shut down is you had a $750 million near cash instrument with X, Y, Z, wall Street firm, and you did this for three extra beeps and it was no longer cash. Guess. And guess what? Your institutional money market fund broke the buck. That’s when the system blew sky high. When the money market broke the buck and it was a settlement problem, blockchain and Bitcoin solved that. Sailor knows that, look where Wall Street’s gonna go. They understand now that. Bitcoin is pristine, collateral and capital that is 100% transparent. Let’s lend against it, and that’s what Sadler’s doing. That’s why Wall Street hates the guy so much, right? Think about that. Think of where is he going after he’s going after all the stranded capital on Wall Street. And, and the whole point is he’s sitting there going, I’m too busy for this. And you’ve got all these other people that are gonna live off of other people’s ignorance. Meanwhile, Jing Diamond knows exactly what he’s talking about. We can identify, if I hear one more person on me in, in the meeting say, I don’t know. You know, you know, uh, micro strategies balance sheet is so complicated. Really. Compared to JP Morgans, I mean, you know what his capital is. It says Bitcoin, like, what are you guys talking about? But hey, fucking in this business, people make generational wealth on ignorance of people who think they know what they don’t know. So, you know, just going back to Jamie Diamond, you know, he spent, I don’t know how long. Throwing every insult, uh, he could towards Bitcoin. And now they’ve really kind of, they haven’t backtracked. I think he’s, he’s, you know, his, his, um, I think the way he phrases is the blockchain’s a real thing. He never seems to really say the word Bitcoin, uh, in this regard. Um, banks in general, where do you think they’re headed with this stuff? I mean, I, you know, right now, again, you can kind of see even. Um, I think, you know, some of the big advisory firms suddenly recommending one to, you know, one to 4% of people’s portfolios in Bitcoin. I mean, this is all, I mean, gosh, I, I’ve, you know, been talking about Bitcoin since 2017. This is in unbelievable transformation in less than a decade. Where do you see this going in the next five to 10 years? It’s called the, it’s called, what is it? It’s called, I’m gonna call it the Evolution of Jim. Me, you know, in my business and, and, and, and you know, the thing I have book is I’ve survived and I’ve gone through a lot of cycles. I’ve done a lot, you know, and you ask yourself, you scratch your head a lot and you’re, and you, but you’re continually doing objective research and you’re this, if you, this is why I love this game so much. Right? So let’s just go stop for a second. Let’s get some context. Right. My first summer job, one of my first summer jobs, I worked in the basement of a bank in the in, in downtown Toronto, right up the street from the Toronto Stock Exchange. And my job was to let guys in with beak, briefcases into the cage, into the big vault, to basically bring in certificates. Okay. And, and what? Stock certificates. And so remember, you know, and I remember my grandfather when we, when he died, look at, we couldn’t sell the house because he didn’t believe in the banks. And we were finding certificates all over the house in the walls. Okay? Right. So in the 1960s it was bare based. The whole industry was bare based. And there was the volume in Wall Street started to pick up to the point where they couldn’t handle the volume. There was a paper crisis where almost a third of the companies went down bankrupt because of the cage. The cage. Okay. So basically what happened was, to make a long story short, they came out with, they came, Hey, why don’t we get two computers At one point in time, they said, okay, crisis. Let’s solve it. Well, why don’t we get these two computers and we can solve, or we can sell trades among, amongst each other. Okay. And then we don’t need to have guys riding around Wall Street with bicycles and big briefcases. Okay. And then what we did was, what we did was we sat there and said, well, why don’t we have a centralized clearing, and we’re gonna call it DTC or CDS, depending on what country you’re in. And what we’re gonna do is we’re gonna offer paper, we’re gonna, we’re gonna issue paper rights to the underlying stock that was developed in the early 1970s. That’s the system that we’re on right now. There are a lot of faults with that. Let me give you, when you’ve talked about the GameStop a MC situation, when you have a company that’s basically have more shares outstanding short, sorry, more shares short than outstanding, that shows you that the old system doesn’t work. It’s called ation. The paper writes to the underlying assets, it, it doesn’t match up. There have been guys that make a career outta this and write books about this, right? Dole Pineapple. They had a corporate, a corporate event, right? Hostile takeover. 64,000 for 64 million shares, voted, I think, and there was only 3,200 on. We all know this, so this has to be solved. The way you solve it is you tokenize assets, and this was talked about a decade ago, and they know about it and true tofor, they, and if you’re thinking about it, it’s totally logical, right? But if we allow this innovation to go full stream ahead, we’re wiped out, right? So what did they do? They delayed. They delayed. And as you know, you could talk about, it’s called Operation choke 0.2 0.0. Right. You know, the Fed overreached their bounds, they de banked people. I mean, this is why, why Best it’s going after them. They, yet they stepped over their constitutional mandate. Right. The federal, the Fed Act is not, uh, does not supersede the US Constitution. Elizabeth warned the whole thing. They did it. Okay, so let’s not complain about it. So now Atkins is gonna, we’re gonna have the Clarity Act come out and they’re gonna basically deregulate New York Stock Exchange already there. They’re gonna put everything on the blockchain and when you put everything on the blockchain, trade a settlement. There’s no hypo. Immediate settlement. Immediate, which is a benefit if you can get your act together because it, you know, for Wall Street firms you need less capital, right? So it’s a natural evolutionary process. And then you sit there and go back in history, if you and I were writing it, we’d sit there and go, well, should we be surprised that the incumbents right, the status quo pushed back on innovation? No, there was a guy, there was a prophet, um. At, at Harvard, his name was Clay Christensen, and he wrote this wonderful book called The Innovator’s Dilemma. You know, why does, why don’t companies evolve, or why do they go bankrupt? It’s because they cease to evolve and the status quo doesn’t allow the evolution of the companies to take place. Right? Well, that’s what happened in RA. We’re gonna complain about it. No, it, it is what it is. It’s water under the bridge. And so what I think is happening is, you know, Mr. Diamond is basically saying. He’s pragmatic, he’s a realist. And now he’s saying, we gotta evolve. And hey, by the way, now I’ve gotten to the point where I think I can make a tunnel. Think about that. Yeah. Think about his own stable coins, right? So his own stable coins. And, uh, well think about this. If you trade like internal meetings, right? And I’m hyped this hypothetical, right? I go, fuck, don’t screw this up this time. And you’re gonna go, Jim, what are you talking about? I go. We want a nice bread between bid and ask in these financial price. We don’t wanna go down to pennies. Okay? Can we go back to the old days when we were, you know, trading in quarters and sixteenths and so we can make some skin in the game? I think you’ve got the deregulation of the banking industry where the banks are gonna, they’re fit. It’s gonna be baby steps. But what’s gonna happen is they’re gonna basically say, stop taking all that capital that’s sitting at the Fed, making four or fed funds rate overnights wherever it’s four half, 3 75 right now. And you can now trade it. Go back to prop trading, which is what they did. And they’re gonna start off, they will start off with, its only treasuries. Eventually they’ll be able to expand throughout our lifetime. So the old way you gotta look at it is, you know. We’re bringing the ba, you know, we’re putting the band back together, man. Right. And the banks are gonna deregulate, they’re gonna deregulate the banks, they’re going to innovate, they’re gonna be able to use the capital, their earnings profile going out into the end of the decade. It’s, it’s gonna be monstrous, it’s gonna be, you know, it, it’s, it’s, and, and that’s how I get, you know, when people say, where do you think the s and p goes? You know, I say, you know, 14,000, you know, double from here by the end of the decade. And he goes, well, what about ai? I go, well, they’re gonna, that’s important, but it’s the banks. I think the banks are gonna have a renaissance. Yeah. Yeah. Um, one thing just to get your thoughts on, so when you look at the banks, you talked about sort of the inevitability of tokenization. Um, the stock exchange, uh, we talked about stable coins. I mean, another great way for banks to make money. Uh, essentially where does that, how, how does that help or hurt Bitcoin adoption? Because Bitcoin is a sort of a separate, separate, you’re not, you’re not building on Bitcoin as much as you are, say, Ethereum, Mar Solana or, you know, some of the, some of the blockchain things. So, so is it just that. Is it just a, an adoption issue? Because you live in a, in a different world. You live in a world of blockchain and Bitcoin is, its currency. It’s weird, right? Because I, I’m writing this feed like, so Buck, where are you right now? Where, where, where are you located? I’m in Santa Barbara. You’re in California. So, yeah, so I’m in Toronto, right? Uh, you know, I lived in, worked in the States for, you know, a decade, a couple of decades, and I’m back home and it’s like, man, they don’t get it. Right, and, and, and, and what am I talking about? Well, well, this, this is the, the thing that you’ve gotta understand is this, right. Ethereum was invented by Vladi Butrin in this town, Joe Alozo, who’s the head of one of the largest Ethereum groups. Father is a dentist at Bathurst and Spadina. We’re up here and people are saying, oh, you know, president Trump don’t talk about being a 51st state. We act like a colony, duke. We are a, you know, we forget about calling us one. We are. So, look, it, look, there is no doubt in my mind that Ethereum is going to have a place and, and we’re going to use it. Seems like we’re going to use Ethereum and that’s the smart contract, you know? Um. And that’s fine. Um, you know, but going back in time. But, but remember, there’s not per, there’s not perfect scarcity there. So I like Ethereum, don’t get me wrong, but I look at Bitcoin and I look at the, I look at the scarcity, and I also look at the fact of, you know, what sa, what Sailor, if you sailor did a presentation in the middle of next year and all hell broke loose. What he did, and it’s, you know, and of course I’m hypothesizing. He basically went to New York and said, I am going to create fixed income products and I am going to give yields. On those products, and I’m coming after the stranded capital that sits on Wall Street that you guys have been ripping on for years. In the middle of last year, staler went public and declared war. Okay. Are we surprised that Jim Shane Oaks came out and everybody came out basically guns a blazing. Are we surprised? But what he, what Sailor did and put and slammed on the table is it’s pristine capital, it’s transparent capital. And what are you willing to pay for that? And now you GARP banks trading at. We have no idea what their capital structure really is. Honestly, we have an idea, but it’s very opaque, right? You know, the high quality names are trading at two, two to, you know, two times tangible book. You’ve got fintech’s companies trading at four to five times, right book, and you know, what’s Sailor doing right now? Diluting his stock so he can buy as much Bitcoin as he wants because he sees the next game. He says the hell with what you guys think the next game is going to be. Wall Street’s going to realize that Bitcoin is pristine capital and there’s only 21 million of it. What do you and, and what just happened today? What did Morgan Stanley just file a treasury company. So everything you and I are talking about, they know they’re smart guys, right? They’re real, they’re not. That’s, this is the whole point. They’re really, really, really smart. Okay. They see they’ve gone through the history. They know. Okay, so you’re sitting there, you get around the room, you say, so wait a minute. Wait. Whoa, sailor’s over here. And he’s basically saying he’s gonna give you a a pref that’s basically backed by Bitcoin charging 10%. And he’s going after our corporate clients. I mean, and what’s the pitch Buck? You’ve got a hundred million dollars. Okay, you got a hundred million dollars in the kitty. Okay, buck. What happens is you need $10 million a year for working capital, which is in cash, which means you’ve got $90 million sitting there idle. Hey, buck, I can give you 10% on that. You go to Jamie, he’s giving you two. What are you gonna do? Yeah. I think one of the issues right now is I the, the perceived risk profile of that. Right. Uh, you know. I tend to agree with you about the, uh, pristine nature of Bitcoin s collateral, but just in general, the perception. I don’t know that, that that’s. That’s the case. Well, you gotta go back to the fact that, do you think Bitcoin’s going to zero or not? No, of course not. Yeah. ‘ cause the Bitcoin doesn’t go to zero. There’s no, then, then that are, there’s Bitcoin could go to zero. There’s no, I mean, I don’t think, I mean, non-zero probability, of course, right? I don’t think it is. And if that has been, if it has been selected and now you have Wall Street coalescing it, I haven’t even mentioned the president of the United States or his family. Right. Uh, or the Commerce Secretary and his family, right? Or if you go to New York, wall Street, right, they’re all talking about it, right? So, I, I, you know, to me, I, I, the question about micro strategy, to me it’s not. That it’s a treasury company and it’s got a pile of Bitcoin. What does he do with it? Does he become a bank? Like why does it, this is me. I’m pitching him. Right. Hey, Mike, why don’t you just become a FinTech, say you’re like a FinTech company and you’ll get, and you, you’re gonna instantaneously trade it five to six times book. Why don’t you, why are you, you’re talking like you’re attacking them, but you’re still, you’re still a software company with a, with a big whack of Bitcoin that you are writing pres. Right? So, and, and so that’s, that’s how I look at it. I think the wave is too big. We are going to digitize. And the other thing that we didn’t really touch on with respect to AI and blockchain, and I’m gonna paraphrase the president. Right. Um, Mr. Trump is, look, um, it’s a matter of national security, duke, and when I hear that, I go back to the nineties in the eighties when I was in late eighties when I was an undergrad. Right. And it wasn’t China, it was Japan. And, and you know, what happened was, you know, it, it’s funny, Al Gore did deregulate so that. The internet could become for-profit. We all stood around and said, you know what the hell could, how do we make money on this? That’s, you know, what do we do? And then what did we do? We, we, we threw a ton of money at it and the United States controlled it. And what did we get out of it? We got out, we got, you know, all those companies. Right. The last thing I would say to you, and this is much more of a personal story, is I, when I was younger, I was in New York and it was 2000 and I was at the Grand Hyatt, and it was a tech, it was a tech conference and, uh, Larry Ellison Oracle was there and he gave a, he gave a, he gave a a, a fireside chat. Then, um, we go to a breakout room and, you know, in a break, I don’t know about if you’ve been to one, but you go to a breakout room, it’s a smaller room at the hotel, and you know, sometimes you got 25 people, sometimes you got 50 people, right. And, you know, I went to the, I went to the breakout with Mr. Allison ’cause of Oracle and I went in there and it was absolutely jammed and I was sweating and he just looked at us and he just ripped us. He AP Soly, just, I still have the scars today. I’m talking to you about it. Okay. He called it a bubble. He called it a bubble. He, he was early in calling it a bubble. I never forgot that. And then you sit there and see what he’s doing right now. Where he’s levering up the balance sheet. Now, to me, having survived in this game for such a long period of time, and I call it a game, it’s a game of strategy, whatever, you know, how does that not, you know, I would say to you, we were, your office was next to mine. Fuck. I remember New York, he’s loading the goose loaded in. He go in, he’s borrowing money from his grandmother. He’s, you know, what is going on. And he’s really stinking smart. You know, he’s, he, Larry Allenson just doesn’t do, and people, oh, he’s in, you know, he’s, no, he’s not, he’s, he’s like the mentor of all of these guys. You know what I mean? So there’s a, to me, there’s a discontinuity that these need to believe that we’re still early on because you know, what, if Larry’s, what do we take when Larry or Mr. Ellison is leveraging up to me, it’s profound because I’m anchoring off of my bias to the New York, the New York high at, at the Tech Co. I think it was, I think it was at Bear Stearn. I couldn’t remember Bear Stearns or Lehman. But you know, one of those I carry that experience on with the rest of my life. I do. It’s like, what is Larry thinking? Right? So he’s leveraging up buck. That’s all I know. He’s a priest or guy. Well, that’s probably a good place for us to stop, Jim, uh, chief, uh, market strategist at Wellington Elta Private Wealth. Thank you so much for joining me. Thanks so much and be safe. You make a lot of money but are still worried about retirement. Maybe you didn’t start earning until your thirties. Now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Now, good news, if you need to catch up on retirement, check out a program put out by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide financial protection to your family if something happens. The concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealth formula banking.com. Welcome back to the show everyone. Hope you enjoyed it. Uh, and, uh, as I said before, do not ignore ai. This is something that you need to start using. Have your kids start using it. Uh, make sure that they, you know. They use it every day because this whole world is turning AI and it’s gonna happen. You know, it’s gonna happen in, in a blink of an, uh, blink of an eye. And the world is gonna change and there are gonna be real winners out there. And the winners are gonna be people who knew where there was, was going and kind of used it in their mind’s eye as they looked on navigating how. You know how to allocate their money. Anyway, that is it for me. This week on Wealth Formula Podcast. This is Buck JJoffrey signing off. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit wealth formula roadmap.com.

It's that time of the year again—Black Friday, Cyber Monday. Everyone loves a deal. If you've been investing long enough, you know one important fact: there is always something on sale. The problem is the herd never sees it. They're too busy chasing whatever feels safe because it's setting new records. And right now? That's the stock market. That's gold. Everyone's piling into the most expensive things they can find and patting themselves on the back for being “prudent.” But smart investors don't chase what's already expensive.They look for the thing sitting quietly on the clearance rack, the thing nobody wants yet. And today, that thing is real estate—particularly apartments. We've seen this movie before. Think back to the early 2000s. After the dot-com crash, everybody ran to gold and Treasuries. Meanwhile, the very companies that would define the next two decades—Amazon, Apple, Microsoft—were sitting there marked down 75%. You didn't need to be a genius to buy them. You just needed the stomach. Then there was 2009–2011. Real estate was radioactive. The media made it sound like apartment buildings were going to fall into sinkholes. But if you bought during that window? Values didn't take ten years to recover. They snapped back within three. And then they kept running for another decade. And remember 2020—oil going negative? That's the kind of insanity that only happens once in a generation. People were literally joking that Exxon would pay you to take barrels off their hands. It was absurd… and it was the greatest energy buying opportunity in modern history. But most people sat on the sidelines in fear. Different cycles, different assets, same principle:If you want outsized returns, you have to be willing to buy what everyone else is mispricing. And right now, the only major asset class not making all-time highs is real estate. In fact, our Investor Club is still finding deals discounted 30–40 percent from just a few years ago. Apartments, specifically, are in this bizarre sweet spot where pricing is still beaten up from the rate shock, yet the fundamentals underneath are quietly strengthening. Sellers who bought with floating debt are fatigued.Buyers with dry powder are getting real discounts.Construction has collapsed—meaning supply will be razor-thin in 18–24 months. And the interest-rate environment is shifting in exactly the direction apartments benefit from. This is why rates matter.This is why liquidity matters.This is why cycles matter. When financing costs come down and supply is constrained, prices don't grind higher—they launch. This Is Exactly What the Bottom Feels Like Bottoms never feel like bottoms. They feel confusing. Uneasy. Contradictory. And that is precisely why it's the opportunity. Every big wealth-building moment looks like this in real time. Everyone's distracted by what's hot while the discount sits in plain sight. Make no mistake—if the Fed keeps cutting and liquidity continues loosening, apartments aren't going to stay discounted. They'll do what they did after 2009. They'll do what oil did after 2020. They'll do what tech did after the dot-com crash. They'll reprice fast. And years from now, people will look back at this exact moment and say the thing they always say after missing the obvious: “It was right there. Why didn't I buy more?” Well… it is right here. Apartments are on sale. No one has been beating the drum more on this than my guest on Wealth Formula Podcast this week.

Time is money! In the fast-paced world of commercial real estate, being able to quickly assess the potential of a multifamily property can make all the difference in securing a lucrative deal. In this episode, Randy shows you his back-of-the-napkin approach for how he analyzes a multifamily investment property in less than ten minutes. Join the Investor Club: https://rebrand.ly/7pl629y 

Finding the right tenants is a strategic process that involves understanding your market and meeting its needs, marketing effectively, and keeping your tenants happy. In today's episode, Randy talks through strategies for attracting and retaining quality tenants, ensuring your apartments remain a lucrative investment. Join the Investor Club: https://rebrand.ly/0ebqd3q 

Multifamily real estate is one of the hottest asset classes under the umbrella of commercial real estate. If you're considering making active or passive investments, Randy has you covered either way. In this episode, Randy provides comprehensive guide on all of the different ways to invest in apartment buildings. Join the Investor Club: https://rebrand.ly/nc9t3yg 

Looking to possibly expand your portfolio with multifamily real estate? In this episode, Randy explores the four categories of multifamily investments and breaks down the risks and rewards associated with each. Join the Investor Club: https://rebrand.ly/f466e3 

The Fed is meeting tomorrow, and they're expected to cut interest rates by 25 bps. In this macroeconomic update, Randy discusses the Fed's likelihood of cutting interest rates, the market conditions influencing this decision, and what all of this may mean for real estate investors. Join the Investor Club: https://bit.ly/4fdMe8k 

We all know technology and geopolitics shape the world, but there's a quieter, less obvious force that dictates the flow of wealth and opportunity: demographics. Where people live, where they move, and how populations grow or shrink — these are the currents that ultimately drive economic gravity. That's why all of the multifamily investments you see through Investor Club focus on areas where there is job creation. Where there is job creation, there is population growth, and people have to live somewhere. Scale that concept up to a global level, and you start to see why migration, climate, and demographics are the real megatrends of the century. Take China — decades of the one-child policy have created a demographic cliff. Contrast that with parts of Africa and South Asia, where populations are booming. Add to this the wildcard of AI, which could either amplify the advantages of youthful nations or offset aging ones. For investors, entrepreneurs, and anyone thinking long term, the key isn't where the puck is today — it's where the puck is going. That's the topic of this week's Wealth Formula Podcast.

Ready to learn how to diversify your investment portfolio outside of stocks, bonds, and cash? In today's episode, we're diving into the world of alternative investing and uncovering opportunities beyond traditional finance. Join the Investor Club: https://bit.ly/3Us2HMl This episode was originally released on May 24, 2024. 

Send us a textJoin Richard C. Wilson, founder of the Family Office Club, as he shares 18 years of insights from running the world's largest ultra-wealthy investor community. In this powerful mastermind session, Richard covers:How the Family Office Club connects 7,500+ investors, including 1,500+ deca-, centi-, and billionairesCutting-edge AI tools for sourcing deals, performing due diligence, and scaling investor outreachProven capital raising strategies from billionaires, Shark Tank investors, and top dealmakersWhy trust, relationships, and in-person meetings matter more than ever in the AI eraThe three levels of AI sophistication and how to implement them in your businessCase studies on using AI for real estate, investor relations, and business growth

Send us a textJoin our exclusive AI webinar for a live walkthrough of Investor Super Intelligence — a powerful suite of 40+ Custom GPT tools designed specifically for founders, allocators, dealmakers, capital raisers, and investors. This advanced platform streamlines sourcing, due diligence, and investor outreach to help you close more deals, faster.In this session, you'll discover:1️⃣ The 40+ ChatGPT AI tools we've developed at Family Office Club2️⃣ How these tools streamline sourcing, outreach, due diligence, and investor conversions3️⃣ Ways to integrate AI into your daily workflow to save time, gain insights, and close more deals

En este episodio de En Defensa Propia, Erika de la Vega conversa con Andrea Lanzioni, una mujer que decidió no rendirse cuando todo parecía perdido. Venezolana, médico cirujano, madre, inmigrante, y sobreviviente de una huida forzada de su país, Andrea llegó a Estados Unidos sin papeles, sin dinero, sin inglés y con su hija en brazos. Lo que vino después fue una cadena de desafíos tan crudos como transformadores: dormir en su carro, repartir pizzas, limpiar casas, considerar vender sus propios ovarios para poder sobrevivir. Pero esta historia no se queda en el dolor. Porque Andrea encontró, en medio del caos, una visión. Y con determinación, fe y mucho trabajo, construyó desde cero un portafolio de bienes raíces que hoy supera los 40 millones de dólares. Y lo más valioso: decidió compartir lo aprendido con otras personas como ella. Hoy lidera The Investor Club, una comunidad que empodera a latinos a invertir, sin importar de dónde vienen ni cuántos recursos tienen. Esta conversación es una invitación a mirar hacia adentro, a identificar qué parte de ti necesita ser liberada, reinventada o escuchada. Hablamos de autosabotaje, de maternidad sin culpa, de cómo sostener una relación de pareja en medio del crecimiento, de lo que implica tener ambición y corazón al mismo tiempo. Hablamos de espiritualidad, de rabia contenida, de terapia, de dinero, de propósito. Y de cómo convertir las cicatrices en puertas de entrada a algo mucho más grande. Andrea no se presenta como una experta inalcanzable. Se muestra como una mujer que lo vivió todo. Y que hoy, desde la compasión, la vulnerabilidad y la experiencia, abre el camino para que otras personas también puedan transformarse. Si estás buscando inspiración real, si estás atravesando un momento difícil, o si simplemente necesitas recordarte que aún puedes, este episodio es para ti. Porque como dice Andrea: “Lo que nos rompe también nos puede volver imparables”. Aprende con Andrea sobre invertir en Real Estate y multiplicar tu dinero:

Interest rates have a profound impact on the economy, and in this episode I discuss the critical relationship between interest rates and commercial real estate. Whether you're a seasoned investor or just getting started, understanding these dynamics is key to making informed decisions in changing economic landscapes. Join the Investor Club: https://bit.ly/4oip5Wq  This episode was originally released on April 26, 2024.   

En este episodio de En Defensa Propia, Erika de la Vega conversa con Andrea Lancioni, una mujer que decidió no rendirse cuando todo parecía perdido. Venezolana, médico cirujano, madre, inmigrante, y sobreviviente de una huida forzada de su país, Andrea llegó a Estados Unidos sin papeles, sin dinero, sin inglés y con su hija en brazos. Lo que vino después fue una cadena de desafíos tan crudos como transformadores: dormir en su carro, repartir pizzas, limpiar casas, considerar vender sus propios ovarios para poder sobrevivir. Pero esta historia no se queda en el dolor. Porque Andrea encontró, en medio del caos, una visión. Y con determinación, fe y mucho trabajo, construyó desde cero un portafolio de bienes raíces que hoy supera los 40 millones de dólares. Y lo más valioso: decidió compartir lo aprendido con otras personas como ella. Hoy lidera The Investor Club, una comunidad que empodera a latinos a invertir, sin importar de dónde vienen ni cuántos recursos tienen. Esta conversación es una invitación a mirar hacia adentro, a identificar qué parte de ti necesita ser liberada, reinventada o escuchada. Hablamos de autosabotaje, de maternidad sin culpa, de cómo sostener una relación de pareja en medio del crecimiento, de lo que implica tener ambición y corazón al mismo tiempo. Hablamos de espiritualidad, de rabia contenida, de terapia, de dinero, de propósito. Y de cómo convertir las cicatrices en puertas de entrada a algo mucho más grande. Andrea no se presenta como una experta inalcanzable. Se muestra como una mujer que lo vivió todo. Y que hoy, desde la compasión, la vulnerabilidad y la experiencia, abre el camino para que otras personas también puedan transformarse. Si estás buscando inspiración real, si estás atravesando un momento difícil, o si simplemente necesitas recordarte que aún puedes, este episodio es para ti. Porque como dice Andrea: “Lo que nos rompe también nos puede volver imparables”. Aprende con Andrea sobre invertir en Real Estate y multiplicar tu dinero:

Partnerships can create synergies that make everybody better off - and real estate is no different. In today's episode, Randy discusses the key strategies to structure effective partnerships and maximize opportunities with real estate investing. Join the Investor Club: https://bit.ly/46lDgU5  This episode was originally released on April 19, 2024.  

Ready to make the most of your multifamily investment? In this episode, I show you how to fill your apartment buildings with tenants and keep them happy in order to sustainably maximize cash flow and return on investment. Here's my guide to property management for multifamily real estate. Join the Investor Club: https://bit.ly/3GI71nG  This episode was originally published on April 5, 2024.   

Have you ever wondered how big real estate deals are financed? The capital stack is designed to show who gets paid first on a real estate investment and the different levels of risk and reward that each layer carries. If you're interested in becoming a savvy real estate investor, whether actively or passively, then this episode is a must-listen. Join the Investor Club: https://bit.ly/45wfh4c  This episode was originally released on March 8, 2024.  

Nachtclub, Schulden, Cashflow – Tobi Claessens' Weg ins Unternehmertum war alles andere als geradlinig. Heute ist er bei KINTZEL MINDSET zu Gast und spricht mit Jörg über seinen Weg vom unvermögenden Jungen zum Immobilieninvestor mit starker Social-Media-Reichweite. Tobi erzählt, wie er nach dem Abi erst ins Nachtleben eintauchte, Schulden machte – und dann auf die Suche nach Cashflow ging. Die fand er schließlich in Immobilien, Kennzahlen und Instagram. Die beiden sprechen über Chancen und Risiken im Immobilienmarkt, den oft falsch gesetzten Fokus auf Rendite – und welche Kennzahl wirklich zählt. Natürlich geht es auch um die Cashflow Conference, ein Event von Tobi, bei dem Jörg als Speaker mit dabei ist. Außerdem erfährst du, warum Tobi den Spitznamen Harry Potter trägt, was er über den Einsatz von KI denkt – und wie er es geschafft hat, aus Rückschlägen ein funktionierendes Geschäftsmodell zu bauen. Bewerte diesen Podcast bei iTunes und/oder Spotify und abonniere „KINTZEL MINDSET", wenn du keine weitere Folge mehr verpassen möchtest. __________ Mehr von Tobias: ► Instagram: https://www.instagram.com/immogame/?hl=de ► Investor Club: https://immogame.com/investors-club ► Cashflow Conference Tickets: https://cashflow-conference.de __________ Mehr von Jörg:

Send us a textIn this episode, a group of leading investor club experts dive deep into the best strategies for capital raisers. With years of experience in the world of investments, they share practical advice on how to successfully navigate the capital-raising process.Key insights covered include:- Building Relationships: How persistence and relationship-building lead to successful capital raising. Experts emphasize the importance of staying in touch and providing value over time.- Effective Pitching: The importance of having a clear, compelling one-liner, pitch deck, and video content to make your investment opportunity stand out.- Investment Criteria: What investors look for in opportunities, including the team, market size, and growth potential. The panel shares the key factors they consider before making investments, such as strong leadership and high-growth markets.- Startup and Growth Company Focus: How to approach emerging companies and early-stage startups, including tips on what investors are looking for in a team and business model.- Tax Strategies: How to align investment opportunities with tax-efficient strategies, particularly for high-income individuals such as physicians.- Leveraging AI for Capital Raising: The use of AI tools to create polished pitch decks and improve the overall presentation of investment opportunities.Whether you're an experienced capital raiser or just starting out, this episode offers invaluable advice from those who are actively shaping the future of investments. Tune in for expert advice, strategies, and the tools needed to elevate your investment opportunities and secure capital.

In Part 2 of the Real Estate Roundtable, host Joey Romero continues the conversation with REIA leaders Lisa Hoegler (LA South REIA), Larry French (CVREIA), and Dan Redig (SDCIA). They discuss their dream guest speakers, ongoing educational pursuits, and offer valuable insights into today's market sentiment. The episode wraps with predictions for 2025, practical advice for new investors, and the importance of connecting with local investor communities. For more information on this month's featured clubs and speakers, please see below:LA South Real Estate Investors AssociationSan Diego Creative Investors AssociationCoachella Valley Real Estate Investors AssociationIn this episode:REIA leaders share their dream guest speakers for investor club eventsOngoing personal education and growth strategies for real estate professionalsInsights into current market sentiment and how investors are reactingExpert predictions and economic outlook for real estate in 2025Actionable advice for new and aspiring real estate investorsThe importance of building relationships through local investor clubsThe Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

In this episode of INVESTOR CLUB ROUNDUP SHOW  host Joey Romero sits down with REIA leaders Lisa Hoegler (LA South REIA), Larry French (CV REIA), and Dan Redig (SDCIA) for a dynamic roundtable discussion. They share how their clubs have adapted in a changing market—from flipping to finance, lunch meetups to online events, and a growing focus on ADUs. Tune in for valuable insights on local real estate trends, the power of investor communities, and how education is evolving across California's REIA landscape. For more information on this month's featured clubs and speakers, please see below:LA South Real Estate Investors AssociationSan Diego Creative Investors AssociationCoachella Valley Real Estate Investors AssociationIn this episode:Joey Romero introduces REIA leaders Lisa Hoegler (LA South REIA), Larry French (CVREIA), and Dan Redig (SDCIA)Lisa Hoegler shares LA South REIA's shift from flipping to finance and economicsLarry French discusses CVREIA's monthly meetups and local market focusDan Redig highlights SDCIA's hands-on approach and ADU trends in San DiegoREIA leaders reflect on club growth and adapting to market challengesLocal real estate investing opportunities unique to LA, Central Valley, and San DiegoThe role of community support and education in investor successImportance of dynamic speakers and staying connected through evolving formatsThe Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

In this episode of the Investor Club Roundup, Joey Romero chats with Kaaren Hall of OCREIA and Derek Harms of NSDREI. They explore their clubs' missions, meeting formats, and how they're helping investors navigate today's shifting market. From self-directed IRAs and assisted living to local real estate trends in Orange County and San Diego, this episode offers valuable insights, strategies, and the power of community in real estate investing. For more information on this month's featured clubs and speakers, please see below:Orange County Real Estate Investors AssociationNorth San Diego Real Estate Investors Association, IncIn this episode:Unique audience questions answered by industry experts Kaaren Hall and Derek HarmsInvestor concerns about rising interest rates and housing affordability in today's marketIn-depth look at San Diego & Orange County's real estate market dynamics and regional trendsThe importance of networking, mentorship, and community in investor successHow the recent stock market downturn is influencing real estate investment decisionsWhy real estate remains a resilient alternative asset during economic uncertaintyThe Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

In this episode of the Investor Club Roundup, Joey Romero chats with Kaaren Hall of OCREIA and Derek Harms of NSDREI. They explore their clubs' missions, meeting formats, and how they're helping investors navigate today's shifting market. From self-directed IRAs and assisted living to local real estate trends in Orange County and San Diego, this episode offers valuable insights, strategies, and the power of community in real estate investing. For more information on this month's featured clubs and speakers, please see below:Orange County Real Estate Investors AssociationNorth San Diego Real Estate Investors Association, IncIn this episode:Meet the guests: Kaaren Hall of uDirect IRA and Derek Harms of North San Diego Real Estate Investors (NSDREI)Introduction to OCREIA and NSDREI: Mission, community, and core valuesReal estate meeting schedules and investor demographics in Orange County and San DiegoKey differences between investing in Orange County vs. San Diego real estate marketsLocal investment strategies tailored to Southern California real estate opportunitiesWhy join a local REIA: Networking, education, and market insightsThe Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

Send us a textIn this exclusive webinar replay, Richard C. Wilson—CEO of Family Office Club and founder of the #1 investor club worldwide—walks you through the Full Stack AI Toolset designed specifically for capital raisers, founders, and investors. These proprietary tools were built using insights from over 1,000 investor talks, 75 events, and 22,000 investor profiles, and are trained on 5M+ data points to give you an unfair advantage in the investment landscape.Discover how to:- Pinpoint top investors using the Investor Pipeline Builder- Craft sharp one-liners with the 1 Line Capital Raising Pitch Tool- Score and refine your deck using the Pitch Deck Success Score AI- Analyze emails instantly with the Investor Email Analyzer- Simulate investor meetings with Instant Partner Insights- ...and access exclusive intelligence through tools like Billionaire Collective Intelligence, Investor Club Navigator, and Dewey the Due Diligence Advisor.Whether you're raising your next round or strategically deploying capital, this webinar breaks down how to harness AI to close smarter, faster, and with more confidence.Watch the full webinar replay or listen to the full podcast episode now to dive deep into each tool and how to activate them for your business.#FamilyOfficeClub #InvestorTools #CapitalRaising #AItools #AIforInvestors #RichardWilson #CapitalRaisers #Investorclub #InvestorAI #InvestorAItools #AIwebinar #ArtificialIntelligence #InvestorTools #DueDiligence #DueDiligenceTools

This week, The Norris Group Real Estate Podcast is introducing a new segment featuring owners and leaders from investor clubs, REIAs, and Meetups. They will share insights on current real estate trends, effective strategies in their markets, and updates on upcoming speakers and events.Our goal is to foster collaboration, exchange best practices, and provide valuable insights into the real estate investment world.This week's guests include Christina Suter from Pasadena FIBI, Mitch Craighead from NorCal REIA, and Rich Rice from the FIRE Center.For more information on this month's featured clubs and speakers, please see below:FIBI PasadenaThe FIRE CenterNorCal REIAIn this episode:Impact of Market Turmoil on Real Estate: How economic fluctuations are shaping today's real estate market.Economic Uncertainty and Its Effect on Investors: Understanding risks and opportunities in an unpredictable economy.Expert insights on getting started and navigating market challenges.Key Indicators to Watch: Critical trends and data points that signal market shifts.Real Estate Outlook for 2025: Predictions on market conditions, interest rates, and investment opportunities.Investor Club Information & Contacts: How to connect with top real estate clubs, REIAs, and Meetups.The Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

This week, The Norris Group Real Estate Podcast is introducing a new segment featuring owners and leaders from investor clubs, REIAs, and Meetups. They will share insights on current real estate trends, effective strategies in their markets, and updates on upcoming speakers and events.Our goal is to foster collaboration, exchange best practices, and provide valuable insights into the real estate investment world.This week's guests include Christina Suter from Pasadena FIBI, Mitch Craighead from NorCal REIA, and Rich Rice from the FIRE Center.For more information on this month's featured clubs and speakers, please see below:FIBI PasadenaThe FIRE CenterNorCal REIAIn this episode:Introduction to the Investor's Club Podcast: Highlighting local real estate clubs, industry strategies, and insights from experienced investors.Joey Romero welcomes Christina Suter (Pasadena FIBI), Mitch Craighead (NorCal REIA), and Rich Rice (FIRE Center).Investor Demographics: Understanding the backgrounds and profiles of investors attending club meetings.Educational Focus: Insights into the topics and strategies clubs prioritize to educate their members.Exploring upcoming events and notable guest speakers.Dream Speakers: Guests share their ideal speakers and why they would add value to the clubs.The Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

Send us a textIn this video, Richard Wilson from the Family Office Club shares insights into the power of combining in-person meetings with a strong digital presence for building successful investor relationships. He talks about the Family Office Club's extensive network of over 7,500 investors, 16 in-person events per year, and a robust digital platform featuring over 40 full-length HD conferences and 1,000+ videos of investors sharing their strategies and insights.Richard emphasizes the importance of face-to-face interactions in building trust and closing major deals, while also highlighting the success of their digital footprint, with millions of social media followers and a top-ranked website and podcast in the Family Office space. Whether you're a CEO, founder, or investor, this video provides valuable information on how to leverage both in-person and digital networking to scale your business and connect with the right people.Check out the Family Office Club at https://familyoffices.com/ for more details and resources

Send us a textWelcome to the Family Office Club's Podcast! In this video, Richard Wilson, founder of the Family Office Club, answers the top five most frequently asked questions about our Investor Club. Whether you're wondering about membership costs, event access, or how our community can help you raise capital, this video will give you a clear understanding of what we offer.Richard shares insights into our unique approach to investor networking, event access, and how we help entrepreneurs and investors scale their businesses. Learn about our diverse member base, which includes founders, capital raisers, investment professionals, and more.Topics covered:Can I join for free and pay later?Do I need to buy tickets to individual events as a member?Do you have investors who invest in specific industries?How do I de-risk my decision to join the Investor Club?Can you help with investor introductions?We're not just another capital introduction firm—we offer real value through live events, a dedicated investor portal, and access to hundreds of experts. With over 800 paying members and thousands of events, we've built a track record of helping founders and capital raisers succeed.If you're ready to elevate your investor relations and capital-raising abilities, check out our website at https://familyoffices.com/ to learn more about joining the Investor Club and gaining access to exclusive content and events.Don't forget to like, subscribe, and hit the bell icon for more valuable content from the Family Office Club.#investorclub  #capitalraising  #familyoffices  #venturecapital  #investorrelations  #networking  #entrepreneurship  #fundraisingideas 

Send us a textIn this video, Richard Wilson shares the importance of values in building a successful business and strong relationships. Coming to you from Bali, Richard discusses how the core values of his Investor Club define how they operate, hire, fire, and grow together. Drawing on his experience as an Eagle Scout, Richard reflects on the Boy Scout Law, which outlines timeless values like trustworthiness, loyalty, and helpfulness, and explains why these principles should guide every decision you make in your business and personal life.He challenges viewers to consider: Are your values clear? Are you working with people who align with those values? And, if someone doesn't operate by your values, are they an “outlaw” in your world? Richard's straightforward approach helps you see why aligning with the right people is critical for long-term success.In this video, Richard discusses the importance of aligning your team with your values and how values shape business success. Don't be an outlaw - make sure your values are clear and embedded in your team's culture!Want to learn more about how values shape business and partnerships? Check out Family Office Club at familyofficeclub.com.#businessvalues  #entrepreneurship  #eaglescout  #familyoffices  #investorclub  #leadership  #businesspartnerships  #trust  #loyaltyiseverything  

Send us a textTo get the full names and contact details become a member of our Investor Club, the Family Office Club at https://FamilyOffices.com In this exclusive panel discussion, hear directly from top allocators managing over $1 billion in assets, including family offices, investment firms, and industry experts. These leaders share their investment strategies, unique perspectives on real estate, venture capital, healthcare, and more. From the evolution of investment structures to niche markets in healthcare data and food waste, the panel provides actionable insights for investors and entrepreneurs alike. They also offer tips on how to effectively approach billion-dollar family offices and secure investments. 00:00 - Introduction to the Panel01:00 - Investment Focus: Real Estate, Healthcare, Venture Capital03:47 - Niche Specific Investments05:36 - Risk on Real Estate09:45 - Strategies for Approaching Family Offices16:00 - Strategies for Successful Negotiations 19:06 - The Evolution of Investment Structures of Acquiring Multi-Family 22:01 - $100,000 or a million dollars of value: Where Opportunities Are Emerging -  Real Estate's Maturity Wall and Upcoming Investment OpportunitiesWatch now to gain valuable knowledge from some of the most influential decision-makers in the investment world.#familyoffices  #investmentstrategy  #venturecapital #realestateinvesting 

Send us a textJoin me for a deep dive into the world of family offices and investment strategies! In this video, I'll share insights from my 17 years of experience running the Investor Club, where we've hosted over 2,000 speakers and fostered countless connections.Throughout the day, I'll be moderating panels and delivering two impactful 15-minute talks designed to maximize your return on investment. Whether you're an investor, CEO, or looking to raise capital, my goal is to equip you with $100,000 worth of actionable insights.I'll also be discussing key takeaways from my recent interview with Dr. Robert Cialdini, a leading expert on influence. He revealed powerful strategies to enhance your effectiveness in securing investments and partnerships.Plus, I'll share personal stories and experiences from my travels, including adventures in Machu Picchu and the Grand Canyon, along with insights into the family office landscape.You won't want to miss our discussions on the importance of ethical influence, deal structures, and the mindset of successful founders. Learn how to build genuine relationships that can transform your business trajectory.Stay tuned as we explore how to navigate this dynamic industry and make meaningful connections that could change your life!Don't forget to like, subscribe, and hit the notification bell to stay updated on all our future content!#FamilyOffice #InvestmentStrategies #EntrepreneurshipHere is the Youtube Video https://youtu.be/_RagjUqL168

Send us a textIn this video, at one of our investor panels at the Family Office Club event, One of our speakers dives into the 5 P Method, a powerful framework for evaluating investment funds and managers. We'll break down each component:- People: Who are the individuals behind the fund? What are their backgrounds? Are the right people in the right roles at the right time?- Processes: What processes are in place for selecting and managing investments? Are these processes documented and consistently followed?- Performance: What has the fund's performance been like? Is it understandable and repeatable? We'll discuss how to assess the metrics that matter.- Plans: What are the future plans for the fund? Are the strategies realistic and aligned with investment goals?- Platforms: What technology and platforms are being utilized to manage the business? Are they efficient, or is the fund relying on outdated methods like Excel?---------------------------------------------- Watch the Youtube video : https://youtu.be/B0EuFbhll88 

Send us a textIn this video, we dive into effective time management strategies tailored specifically for investors. Discover the Top Three Priorities that dominate the calendars of successful investors. We'll explore how to allocate your time effectively, focusing on crucial activities such as managing legal agreements, addressing existing portfolio challenges, and seeking out new investment opportunities.Learn how mentoring your team can enhance productivity, and find out why industry connections and continual education are key to making informed investment decisions. If you're looking to optimize your time as an investor and gain insights into managing your calendar, this video is for you!Join the conversation and share what takes up most of your time in investing. Are you focusing on legal matters, portfolio management, or exploring new sectors? Let's discuss!#timemanagement  #investing  #investors  #venturecapital  #investmentstrategy  #mentorship  #portfoliomanagement  #legalagreements  #duediligence  #financialeducation ---------------- I hope you are enjoying the Family Office Podcast produced by our investor club, the Family Office Club.We use this podcast to interview billionaires, centimillionaires, investors, and family offices and help founders, entrepreneurs and investors scale their platforms and invest more effectively.If you are looking to grow your business, get sharper at investing and scale you are in the right place.Our 17-year-old investor club, the Family Office Club, has 25 team members, and 15 million social followers, has closed on over $500M of transactions, has over 7,500 active investors, and hosts 15 live events a year.  To join our investor club as a capital raiser or CEO of a company needing capital to access our live community events, please visit https://FamilyOffices.comTo register with us as an investor to access live community events please visit https://InvestorClub.comWe have free web classes and books for you to download at https://familyoffices.com/book/https://CapitalRaising.com Have a nice day!

Send us a textExplore Blackstone's proven approach to scaling by optimizing operational structures and empowering teams within family offices. Learn how successful family offices grow by building robust infrastructures across IT, HR, and accounting to support their investment strategies.Discover why creating wealth doesn't always give you more time—and how wealthy expats and family office leaders can benefit from streamlining processes and developing strong teams. Drawing from Blackstone's leadership culture, we explore why a scalable business needs more than just leadership; it needs a solid foundation in operations.Learn how to professionalize your family office, enhance efficiency, and meet ambitious goals with fewer hands-on requirements for every deal.#blackstone  #scaling #scalingyourbusiness  #familyoffices  #teamdevelopment  #wealthy  #operationalexcellence  #businessinsights  #investmentstrategy  ----------------I hope you are enjoying the Family Office Podcast produced by our investor club, the Family Office Club.We use this podcast to interview billionaires, centimillionaires, investors, and family offices and help founders, entrepreneurs and investors scale their platforms and invest more effectively.If you are looking to grow your business, get sharper at investing and scale you are in the right place.Our 17-year-old investor club, the Family Office Club, has 25 team members, and 15 million social followers, has closed on over $500M of transactions, has over 7,500 active investors, and hosts 15 live events a year.To join our investor club as a capital raiser or CEO of a company needing capital to access our live community events, please visit https://FamilyOffices.comTo register with us as an investor to access live community events please visit https://InvestorClub.comWe have free web classes and books for you to download at https://familyoffices.com/book/https://CapitalRaising.com

Send us a textGet $1M worth of advice on what hurt billionaires in 2008 from the panel discussion led by Richard C. Wilson at the Family Office Club event. Learn about bull markets, risk management, and family office investment decisions. In this video, industry veterans share invaluable advice for single family offices navigating the current market. Discover why conservative leverage is crucial, especially as we approach the end of the current bull cycle. Learn from past mistakes, including those made by billionaires during the 2008 crisis, and gain insights on building robust processes to mitigate risks. Whether you're facing a big exit or managing assets, these 16 years of hard-earned lessons can help you thrive in today's challenging environment. Don't miss these expert tips for safeguarding your investments!#familyoffices  #investmentadvice  #financialplanning ---------------- Welcome to the "Private Investor Club - 7,500 Investors. Subscribe now to hear what our 7,500+ investors are allocating to and stay on top of trends related to structuring and closing deals.Our 17-year-old investor club, the Family Office Club, has 25 team members, and 12 million social followers, has closed on over $500M of transactions, has over 7,500 active investors, and hosts 15 live events a year.  To join our investor club as a capital raiser or CEO of a company needing capital to access our live community events, please visit https://FamilyOffices.comTo register with us as an investor to access live community events please visit https://InvestorClub.comWe have free web classes and books for you to download at https://lp.FamilyOffices.com/book https://CapitalRaising.com 

Send us a textIn this engaging interview of the Pro Athlete Interview Series, we dive deep into the journey of a successful professional athlete who transitioned from the soccer field to the realms of media and investment. Our guest shares invaluable insights on mindset, goal-setting, How to be in the top 1 percent and balancing both personal and professional aspirations.00:27 - Intro and overview of Heath Pearce00:51 - From Professional Soccer to Media and Investment05:33 - Mindset and Goal-Setting Strategies08:00 - Balancing Personal and Professional Goals09:47 - Learning from Financial Mistakes17:06 - Financial and Costly Mistakes in Equity Deals17:21 - Recommendations for Athletes Considering Equity Deals18:23 - Finding Outbound Opportunities with Brands19:31 - The Importance of Authenticity in Brand Partnerships20:02 - How to Outcompete Others in Investment and Professional SpacesDiscover how our Heath Pearce leveraged their athletic career to achieve success beyond sports and gain practical advice on navigating the complex world of investments and brand partnerships. Whether you're an aspiring athlete, a seasoned investor, or someone interested in career transitions, this video offers actionable tips and inspiring stories to help you excel.------------------Welcome to the #1 Investor Club - 7,500 Investors. Subscribe now to hear what our 7,500+ investors are allocating to and stay on top of trends related to structuring and closing deals.Our 17-year-old investor club, the Family Office Club, has 25 team members, and 15 million social followers, has closed on over $500M of transactions, has over 7,500 active investors, and hosts 15 live events a year.  To join our investor club as a capital raiser or CEO of a company needing capital to access our live community events, please visit https://FamilyOffices.comTo register with us as an investor to access live community events please visit https://InvestorClub.comWe have free web classes and books for you to download at https://lp.FamilyOffices.com/book https://CapitalRaising.com To date, our podcast and YouTube content has been downloaded over 5 million times.  Please subscribe to this channel as well as our Family Office Podcast so you do not miss our most popular mini-series content https://www.youtube.com/@FamilyOfficeClub------------------Inside the Minds of Business Champions: Pro Athletes Unveil the Secrets of Top .1% Performers.Welcome to the Pro Athlete Interview Series, where we delve into the minds and stories of sports legends from around the globe! This series will provide you with rare insights into their journeys, triumphs, and the secrets behind their success. Watch the Other Videos of the Pro Athlete Interview Series

Send us a textWelcome to another episode of the Billionaires.com Interview Series!

Send us a textoin us at our Single Family Office Summit, where over 500 professionals and 120 speakers will gather for three action-packed days. Click Here https://familyoffices.com/sfo/With billionaire and centimillionaire fireside chats, discussions with heads of billion-dollar family offices, and insights from top investors and platforms, this event is a must for founders and investors alike. Don't miss the chance to connect with key industry players and expand your network. #founders  #familyoffice , #investorsummit , #networkingevents ---------------------------Welcome to the #1 Investor Club - 7,500 Investors. Subscribe now to hear what our 7,500+ investors are allocating to and stay on top of trends related to structuring and closing deals.Our 17-year-old investor club, the Family Office Club, has 25 team members, and 15 million social followers, has closed on over $500M of transactions, has over 7,500 active investors, and hosts 15 live events a year.  To join our investor club as a capital raiser or CEO of a company needing capital to access our live community events, please visit https://FamilyOffices.comTo register with us as an investor to access live community events please visit https://InvestorClub.comWe have free web classes and books for you to download at https://lp.FamilyOffices.com/book https://CapitalRaising.com To date, our podcast and YouTube content has been downloaded over 5 million times.  

Send us a textJoin us for an inspiring interview with an Olympian turned tech pioneer and investor in this episode of the Pro Athlete Interview Series! Learn more about his journey from the world of sports to the world of tech and investing.In this inspiring interview, Angella Goran , a three-time national athlete for Canada and a former Olympic, shares her remarkable journey from rowing injuries to becoming a professional cyclist. Discover how she broke the Canadian elite women's record in indoor cycling and how she's now channeling her energy into tech innovation as a founder of North America's first open bank. Angella also discusses her commitment to youth sports through charitable donations and her strategies for peak performance. Learn about her key lessons, the importance of knowing your "why," and the role of community and purpose in achieving greatness. Watch to find out how you can apply these insights to excel in your own field!#athletejourney #investor  #techfounder ----------------------Inside the Minds of Business Champions: Pro Athletes Unveil the Secrets of Top .1% Performers.Welcome to the Pro Athlete Interview Series, where we delve into the minds and stories of sports legends from around the globe! This series will provide you with rare insights into their journeys, triumphs, and the secrets behind their success. Whether you're a die-hard fan, an aspiring athlete, or simply curious about the inner workings of greatness, this series promises to deliver compelling interviews that will ignite your passion and fuel your drive.Start watching now and connect with the stars of the game like never before. Subscribe now and dive into the Pro Athlete Interview Series for an unforgettable journey through the hearts and minds of sporting legends!-----------------------------------Welcome to the "Private Investor Club - 7,500 Investors. Subscribe now to hear what our 7,500+ investors are allocating to and stay on top of trends related to structuring and closing deals.Our 17-year-old investor club, the Family Office Club, has 25 team members, and 12 million social followers, has closed on over $500M of transactions, has over 7,500 active investors, and hosts 15 live events a year.  To join our investor club as a capital raiser or CEO of a company needing capital to access our live community events, please visit https://FamilyOffices.comTo register with us as an investor to access live community events please visit https://InvestorClub.comWe have free web classes and books for you to download at https://lp.FamilyOffices.com/book https://CapitalRaising.com To date, our podcast and YouTube content has been downloaded over 5 million times.  

In today's episode, Randy discusses the recent surge in "once-in-a-lifetime" deals that real estate sponsors have been widely marketing as a means to get investors to take quick action. Listen to this episode before jumping into any of these deals. Join our Investor Club: https://rebrand.ly/i2a2cqi 

What does it look like to successfully sell a multifamily property? In the first episode of this new series, Randy shares all the details on Flats 1204, an apartment building which was acquired for $3.5 million and sold for $5 million. Join our Investor Club: https://rebrand.ly/9reuxlt     

Time is money! In the fast-paced world of commercial real estate, being able to quickly assess the potential of a multifamily property can make all the difference in securing a lucrative deal. In this episode, Randy shows you his back-of-the-napkin approach for how he analyzes a multifamily investment property in less than ten minutes. Join the Investor Club: https://rebrand.ly/7pl629y 

Check out our past deals, future ones, and join our community: https://thewealthelevator.com/club/A comprehensive presentation given to an investor group, covering nearly 20 crucial factors to consider in investment deals. Learn about the nuances of diversification, the importance of assessing proforma projections, and the implications of cap rates and loan terms. Discover valuable insights from real-life deal scenarios, portfolio management strategies, and the significance of building a network of like-minded investors. Whether you're new to real estate investing or a seasoned investor, this episode provides essential knowledge and resources to help you navigate and succeed in the world of syndications and private placements. Subscribe and visit TheWealthElevator.com/club for more information.00:00 Introduction to Today's Podcast00:20 Investor Club and Market Insights01:53 Success Story and Market Trends04:32 Understanding Deal Structures05:25 Personal Journey and Real Estate Investing10:24 Types of Deals and Due Diligence16:19 Property Classes and Investment Strategies22:57 Evaluating Deals and Market Conditions27:30 Deal Structures and Legal Considerations29:06 Risk Management and Networking42:27 Final Thoughts and Resources Hosted on Acast. See acast.com/privacy for more information.

Do you wish you had more time to focus on what you do best? Are you struggling to manage all the aspects of your real estate business? In this episode of the "Financial Freedom with Real Estate Investing" podcast, Michael Blank and Garrett Lynch co-host an enlightening conversation with David Homyak, an expert in hiring high-level virtual assistants (VAs) with over five years of experience. David shares how strategic delegation can transform your business operations, allowing you to spend more time in your "genius zone." David Homyak is an expert in the field of virtual assistants, with a special focus on hiring experienced VAs for real estate businesses. He has developed a streamlined hiring process that minimizes the recruiter's time and effort while maximizing the quality of hires. David's company specializes in finding VAs with extensive backgrounds, particularly in real estate, ensuring that they can handle complex tasks with ease. His approach to integrating VAs into business operations helps entrepreneurs and business owners delegate efficiently and drive growth. Access the free personality assessment tool and other resources for hiring virtual assistants at themichaelblank.com/va Join the Investor Club https://nighthawkequity.com/invest-now/ Get the #1 Apartment Investing Course for FREE https://apartments101.co/ For full episode show notes visit: https://themichaelblank.com/podcasts/session426/

In today's episode, Randy discusses how leaving a legacy goes far beyond just financial wealth. Join the Investor Club: https://rebrand.ly/vm4k5r1 

In today's episode, Randy provides an update on inflation and the Federal Reserve's decision to keep interest rates unchanged, emphasizing the need to plan for sustained higher rates and refinancing strategies. Join the Investor Club: https://rebrand.ly/yva0kcw 

Multifamily real estate is one of the hottest asset classes under the umbrella of commercial real estate. If you're considering making active or passive investments, Randy has you covered either way. In this episode, Randy provides comprehensive guide on all of the different ways to invest in apartment buildings. Join the Investor Club: https://rebrand.ly/nc9t3yg   

Exciting progress at Royal Oaks! Prosperity Capital Partners is making significant strides with improving and rebranding property. In this episode, Randy shares updates on operations, property improvements, and future plans for refinancing and sale.  Join the Investor Club: https://rebrand.ly/w85s6xq 

Looking to possibly expand your portfolio with multifamily real estate? In this episode, Randy explores the four categories of multifamily investments and breaks down the risks and rewards associated with each. Join the Investor Club: https://rebrand.ly/f466e3

In today's investing update, Randy discusses the importance of operations when managing and scaling a real estate business and shares details on Prosperity Capital Partners' new property management company. Join our Investor Club: https://rebrand.ly/xlooek4