In this interview, David Weisburd speaks with a representative from IEQ Capital about risk tolerance in investing, highlighting the liabilities of both high and low-risk approaches and the importance of understanding one's true risk tolerance through self-assessment and experience. The conversation explores diversification, the role of a financial safety net, and the potential for private credit in investment portfolios, particularly within tax-advantaged accounts. They discuss the illiquidity premium, strategies for opportunistic investing during market downturns, and the significance of compounding relationships in wealth management. The discussion further covers portfolio differences for ultra-high-net-worth individuals compared to endowment strategies, considerations for capital commitments, single stock loans, and the criteria for selecting general partners, emphasizing team dynamics, style consistency, and fund size. The interview concludes by addressing the national debt's impact on investment strategies, the role of cryptocurrency in portfolios, and how to connect with IEQ Capital for further information.
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