WCI #456: Alternative Investments with Larry Swedroe
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.8 • 2.4K Ratings
🗓️ 29 January 2026
⏱️ 74 minutes
🧾️ Download transcript
Summary
Today we're diving into all the stuff everyone seems to be arguing about lately: AI and whether it is actually a bubble, why nobody wants small value, international, or bonds anymore, and what to say to the growing crowd of S&P-500-only investors. We also break down the world of alternative investments in a way that is simple and actually useful, from real estate and crypto to reinsurance, annuities, peer-to-peer loans, commodities, and all the messy complexity in between. And of course, we talk about your new book Enrich Your Future. It is a packed episode, so settle in and enjoy.
Today's episode is brought to us by SoFi, the folks who help you get your money right. Paying off student debt quickly and getting your finances back on track isn't easy, but that's where SoFi can help — they have exclusive, low rates designed to help medical residents refinance student loans—and that could end up saving you thousands of dollars, helping you get out of student debt sooner. SoFi also offers the ability to lower your payments to just $100 a month* while you're still in residency. And if you're already out of residency, SoFi's got you covered there too.
For more information, go to https://www.whitecoatinvestor.com/Sofi
SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions apply. NMLS 696891.
The White Coat Investor Podcast launched in January 2017, and since then, millions have downloaded it. Join your fellow physicians and other high income professionals and subscribe today! Host, Dr. Jim Dahle, is a practicing emergency physician and founder of The White Coat Investor blog. Like the blog, The White Coat Investor Podcast is dedicated to educating medical students, residents, physicians, dentists, and similar high-income professionals about personal finance and building wealth, so they can ultimately be their own financial advisor-or at least know enough to not get ripped off by a financial advisor. We tackle the hard topics like the best ways to pay off student loans, how to create your own personal financial plan, retirement planning, how to save money, investing in real estate, side hustles, and how everyone can be a millionaire by living WCI principles.
Website: https://www.whitecoatinvestor.com
YouTube: https://www.whitecoatinvestor.com/youtube
Student Loan Advice: https://studentloanadvice.com
TikTok: https://www.tiktok.com/@thewhitecoatinvestor
Facebook: https://www.facebook.com/thewhitecoatinvestor
Twitter: https://twitter.com/WCInvestor
Instagram: https://www.instagram.com/thewhitecoatinvestor
Subreddit: https://www.reddit.com/r/whitecoatinvestor
Online Courses: https://whitecoatinvestor.teachable.com
Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter
00:00 WCI Podcast #456
03:43 Larry Swedroe Interview
08:17 AI MAG7 Bubble
24:36 Investing in Real Estate
38:28 Investing in Crypto?
42:06 Investing in Reinsurance
54:27 Investing in Private Credit
01:04:44 Optimizing vs. Satisficing
01:07:32 Larry Swedroe's "Enrich Your Future"
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is the White Coat Investor podcast, where we help those who wear the white coat get a fair shake on Wall Street. |
| 0:06.2 | We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011. |
| 0:16.0 | This is White Coat Investor podcast number 456. |
| 0:19.6 | Alternative Investments with Larry Swedro. |
| 0:22.4 | Today's episode is brought to us by Sopi, the folks who help you get your money right. |
| 0:26.4 | Paying off student debt quickly and getting your finances back on track isn't easy. |
| 0:30.3 | But that's where Sopi can help. |
| 0:31.6 | They have exclusive, low rates designed to help medical residents refinance student loans. |
| 0:36.2 | That could end up saving you thousands of dollars, helping you get out of student debt sooner. |
| 0:54.9 | SOFI also offers the ability to lower your payments to just $100 a month while you're still in residency. And if you're already out of residency, SOFI's got you covered there too. For more information, go to SOFI.com slash white code investor. SoFi student loans are originated by SoFi Bank and a member FDIC additional terms and conditions apply, NMLS 696891. Welcome back to the podcast. Hope you're having a great day to day. |
| 1:02.0 | Thanks for those of you out there working in healthcare or other difficult professions. These tend to be |
| 1:07.5 | the white code investors, right? People who are in these high-income professions because they're doing hard work. |
| 1:14.0 | They either has a lot of risk or required a lot of education or training. |
| 1:17.7 | And sometimes, you know, it's nice to hear a thank you. |
| 1:20.3 | So if you haven't heard one today from any of your clients or patients, |
| 1:24.3 | let me be the first. |
| 1:25.2 | Thank you for what you do. |
| 1:27.3 | Our quote of the day today comes from Justice |
| 1:29.3 | Carol Edwards, who said if you have no goal, no plan, no objective, you will be wandering in the |
| 1:34.6 | wilderness. And this is one of the big things we push here, white coat investor. Get yourself a |
| 1:40.0 | financial plan. No matter what it takes to get it, whether you got to hire a full-service financial |
| 1:45.9 | advisor to get it, whether you got to take our fire your financial advisor course, whether you want to |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Dr. Jim Dahle of the White Coat Investor, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Dr. Jim Dahle of the White Coat Investor and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.