Talk Your Book: Private Investing for Fiduciaries

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.8 • 2K Ratings

🗓️ 4 March 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On today's show, Ben Carlson and Michael Batnick are joined by Jacob Miller, Co-Founder of Opto Investments to discuss: how difficult it is for RIAs to get private market exposure, the growth of private credit, and why that may be an issue, Opto's screening process for private investments, and much more! Find complete show notes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Feel free to shoot us an email at [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to Animal Spirits, a show about markets, life and investing.
0:09.0	Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, and watching.
0:14.0	All opinions expressed by Michael and Ben are solely their own opinion and do not reflect the opinion
0:18.8	of Redhol's wealth management.
0:20.4	This podcast is for informational purposes only and should not be relied upon for any investment decisions.
0:26.0	Clients of Ritholz wealth management may maintain positions in the securities discussed in this podcast. On today's show, we're joined by Jake Miller.
0:37.0	Jake is a co-founder of Opto Investments, a company which I am an advisor to, so I wanted to get that full disclosure slash disclaimer out of the way
0:47.1	before we got into this conversation.
0:49.7	Ben one of the one of the bets that a lot of companies like Opto are making is that one of the reasons
0:59.6	why institutional investors, and there's a million reasons, but one of the primary reasons why institutional investors
1:05.0	have called 30% of their portfolio in Alt
1:08.0	and the average high net worth investor
1:11.0	has an allocation that runs down to zero is because of access and the pain
1:20.6	in the butt that it is to go through this process.
1:24.0	It's a lot.
1:25.0	I did this in the past.
1:26.0	I always mentioned this and it was a lot of work
1:29.0	and it's operationally and efficient.
1:31.0	It's a lot of heavy lifting involved, and especially for advisors that have
1:34.8	hundreds, maybe thousands of clients, it's a lot to ask for them to do it.
1:40.1	That's a lot.
1:41.1	So Opto in that side of the industry is making the bet that if they build it, the advisors and their clients will come.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Compound, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Compound and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.