Beyond the Stock Market, a Groundfloor Production

·S1 E15

Ep 09 Part 2: The Author of “Invest Like a Billionaire” Shares His Top Three Tips

September 17
16 mins

Episode Description

Host Brian Dally continues his conversation with with Bob Fraser, CFO and chief macro strategist of Aspen Funds. In this episode, Fraser shares what everyday investors can learn from billionaires about building and protecting wealth through alternatives and private credit. He emphasizes treating investing like a business (including setting up a hub LLC), creating a disciplined allocation plan with uncorrelated “buckets,” and focusing far more on risk than return to avoid losses. He explains how structure through allocation limits and periodic rebalancing can help investors sell outperformers and redeploy into under-allocated areas. Fraser stresses operator selection as critical in private investing, and predicts growing retail access to alternatives. In rapid fire, he highlights compounding, sentiment, and the risks of chasing AI-driven public markets.

00:00 Welcome Back and Setup

00:22 Think Like a Billionaire

02:06 Risk Discipline and Taxes

04:46 Portfolio Buckets and Rebalancing

06:48 Picking the Right Operator

08:58 Where Alternatives Are Headed

10:49 Alts in 401k and Advisors

13:07 Rapid Fire Investing Q&A

15:39 Final Takeaway and Wrap

Beyond the Stock Market podcast: https://groundfloor.com/podcast

Connect with Brian Dally on LinkedIn: https://www.linkedin.com/in/bdally/

Connect with Bob Fraser on LinkedIn: https://www.linkedin.com/in/bobfraser10/

References:


The views and opinions expressed in this podcast are those of the participants and do not constitute investment advice, a solicitation, or an offer to buy or sell any security or financial instrument. Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal. Any return figures or projections discussed are illustrative only and are not guaranteed. Private market investments may be illiquid and are not suitable for all investors. Please consult a qualified financial advisor before making any investment decisions.

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