Joel Nagel on Global Asset Protection: Defense for a Dangerous World | #559

The Meb Faber Show - Better Investing

The Idea Farm

Business, Investing, Management

4.7 • 938 Ratings

🗓️ 22 November 2024

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

My guest today is Joel Nagel, founder of the international law firm Nagel & Associates, which has a major focus on asset protection. Joel is also the Chairman of Caye International Bank, and has served as ambassador to Austria, the United Nations in Vienna and to Croatia and Slovenia on behalf of the Belizean government. In today’s episode, Joel starts by covering the four key risks in asset protection. He walks through different use cases for trusts, second passports and dual citizenship to help negate these risks. Joel also shares his perspective on both gold and cryptocurrencies and explains why using debt can be a helpful tool to protect your assets. (2:00) Introduction of Joel Nagel (3:00) Asset protection strategies (6:02) Utilizing trusts (13:06) Offshore structures (16:32) Advantages of offshore trusts (20:57) Risks in asset protection and second passport interest (27:31) Motivations for second citizenship (40:06) Strategic use of debt (47:46) Investing in Bitcoin & gold (52:26) Inflation and fiat currencies ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: X | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at [email protected] ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Medfavor show, where the focus is on helping you grow and preserve your wealth.
0:10.9	Join us as we discuss the craft of investing and uncover new and profitable ideas, all to help you grow wealthier and wiser.
0:16.9	Better investing starts here.
0:19.5	Metfabor is the co-founder and chief investment officer at Cambria Investment Management.
0:22.5	Did it industry regulations, he will not discuss any of Cambria's funds on this podcast.
0:25.8	All opinions expressed by podcast participants are solely their own opinions and do not reflect the opinion of Cambria investment management or its affiliates.
0:31.2	For more information, visit camriainvestments.com.
0:37.1	You know where that is.
0:39.5	An ice cold beer.
0:41.4	What's different?
0:44.0	It's Budweiser.
0:46.2	A perfect beer for party season.
0:51.6	Best enjoyed with your best butts.
0:55.5	Cheers to that.
0:57.7	Budweiser, like no other.
0:59.9	Please drink responsibly.
1:01.1	For the facts, visit drinkaware.coma.uker.
1:04.1	Welcome back, everybody.
1:05.8	We got a really great show today.
1:07.4	Our guest is Joel Nagel.
1:08.6	Joel is the founder of the international law firm,
1:11.8	Nagel and Associates, which has a big focus on asset protection. He's also the chairman of K
	...

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