5/7/2022 10:37:33 AM Appliedvalueinvestor |
Hi
I checked your blog and noticed you have 70 % of your investments in alternative assets. I am some what new to the space of alternatives (except for gold investments) and would love to better understand how to rationalize the thought process around non-liquid nature of some of the alternative asset investments such as masterclass |
5/17/2022 8:56:35 PM moominoid |
Hi Applied Investor
A lot of our alternative investments are in listed funds (how the stocks number here is so high) or funds with daily/monthly/quarterly liquidity. About 13% of our net worth (not including our house) is in genuinely illiquid investments. This includes venture capital, Masterworks and fractional real estate. Yes, I wouldn't want to get the illiquid portion too high but many people have a bigger share of their net worth in retirement accounts than I have in retirement + illiquid! |
5/18/2022 9:14:29 PM Appliedvalueinvestor |
Hi Moominoid
Thanks for your response. If it's OK to ask, what are some examples of listed alternative asset investment funds that you mention above? |