Patrick Grimes joins the podcast to discuss an innovative approach to portfolio diversification: litigation investments. In this episode, Patrick shares his journey from overcoming real estate losses to leveraging unique, non-correlated assets for financial security. He explains how litigation funding provides meaningful settlements for those who can't afford legal representation, all while delivering solid, risk-adjusted returns to investors.
Dive into the world of mass torts, late-stage litigation, and the ethical considerations behind supporting access to justice. Whether you're a seasoned investor or just exploring alternatives to traditional markets, this conversation offers valuable insights into balancing risk and reward.
00:00 Introduction to Social Good and Litigation Funding 00:39 Exploring the Legal Industry and Investment Opportunities 01:00 Guest Introduction: Patrick Grimes 02:09 Patrick's Journey and Investment Philosophy 04:51 Understanding Litigation Investments 09:15 Historical Context and Notable Cases 14:14 Ethical Considerations in Litigation Funding 16:25 Investment Model and Returns 22:12 Risks and Timelines in Litigation Funding 29:20 Investor Profile and Market Insights 33:09 Conclusion and Final Thoughts This is a unique way to invest in ethics, justice and diversification. RESOURCES Passive Income Mastery Patrick on LinkedIn * And as always, the show is educational and does not promote or represent this or other investments in a financial advisory way.
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Dateline NBC
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CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.