E21: Looking Forward with Alternative Assets with Bob Fraser

We’re living in interesting times. The stock market is up, the dollar is down and everyone’s talking about inflation. While it can be tricky to make sense of all the noise, there are definitely opportunities to be had in the current economic environment.

In this episode, J and Ashley talk with Bob Fraser, cofounder of Aspen Funds, on how you can leverage inflation and what asset classes are worth exploring. Join them as they explore the investment and income opportunities in our current economy.

Here are some power takeaways from today’s conversation:

• Develop a macro thesis.
• Work with skilled operators.
• Get good debt and invest.
• Pay attention to energy.
• Leverage inflation.

Episode Highlights:

[6:30] Making an Investing Thesis

First, develop a macro thesis. Determine what things you are going to do really well. Then, figure out the best strategies. Finally, find the best ways to invest and hire a skilled operator if needed.

[11:18] Investing in Energy and Real Estate

Investment in energy, oil and gas, and infrastructure has dropped in the last seven years. Energy requires billions of investment to maintain, so we have a massive energy crisis right now.

Inflation can be affected by inflation. Some opportunities include:

• Borrow debt at fixed rates
• Get inflation-protected assets

[16:46] Macro Trends to Consider

Smart debt is a rich man’s tool. Borrow money at fixed rates below the inflation rate, then invest in inflation-protected assets.

Currently, there’s a massive trend of reshoring and local manufacturing. There will be a need for local manufacturing and inventory in the next year. You must be market-dependent. Look at the location first when searching for investments.

[26:44] Interests, Concerns and Opportunities, and Advice

They are currently investing in short-term rentals. Inflation is both your greatest enemy and greatest tailwind. Get out cash, get good debt, and invest. Pay attention to the energy markets.

Bob also advises to watch The Passive Investing Show—it’s the secret to wealth creation. Tune in to Bob’s podcast, Invest Like a Billionaire, too!

Notable Quotes from the Episode:

[7:25] “You can’t predict the waves, but you can predict the tides.” 

[10:19] “You can’t have hubris in the investment world.”

[17:31] “Debt is a rich man’s tool.”

Resources Mentioned:

Aspen Funds

Invest Like a Billionaire

The Passive Investing Show