In this episode of Alt Investing Made Easy, hosts Sarah Florer and Roland Wiederaenders engage with Mitch Flax,CAIA, Founder and Chief Investment Officer of Net Equity Capital, to explore the world of alternative investments. Mitch shares his extensive background in wealth management, the significance of the CHartered Alternative Investment Analyst (CAIA) designation, and information about certain metrics used to evaluate alternative investments. The conversation delves into the intricacies of 1031 exchanges, qualitative assessments in investing, and the current economic outlook. Mitch also discusses his podcast that is focused on sports betting, showcasing his analytical approach to investment strategies.
To contact Mitch Flax, please message him through LinkedIn:
https://www.linkedin.com/in/mitch-flax-net-equity-capital/For more information about CAIA, the Chartered Alternative Investment Association organization, and the available credentials, please visit
https://caia.org/
Takeaways
Wealth management professionals have unique perspectives on alternative investments.
The CAIA designation provides a strong foundation for investment professionals.
Investment metrics like IRR and cash on cash return are essential but not definitive.
Qualitative assessments are crucial in evaluating investment opportunities.
Understanding the people behind investments is as important as the numbers.
1031 exchanges offer unique investment opportunities but require careful planning.
Investors should consider the long-term implications of their investment decisions.
Market predictions are challenging; focus on long-term goals instead.
Asking better questions leads to better investment outcomes.
Invest in what you know to mitigate risks.
Chapters
00:00 Introduction to Alternative Investments
02:57 Mitch Flax's Background and Career Journey
06:07 Exploring Net Equity Capital and 1031 Exchanges
08:53 Understanding the CAIA Designation
12:00 Investment Metrics and Their Importance
14:58 Evaluating Private Investments
17:55 The Role of the Sharpe Ratio
21:08 Practical Applications of Investment Metrics
23:54 Deep Dive into 1031 Exchange Solutions
27:10 Exploring 1031 Exchanges and Investment Vehicles
30:34 Evaluating Investment Returns and Risks
32:15 Syndicating Commercial Real Estate Investments
37:42 Qualitative Assessment in Investment
43:37 Market Predictions and Economic Outlook
48:19 Sports Betting and Investment Strategies
What is Alt Investing Made Easy?
Join attorneys Sarah Florer and Roland Roland Wiederaenders as they navigate through the maze of market jargon and reveal the secrets of diversifying your portfolio. Whether you're a seasoned investor or taking your first step toward financial freedom, we empower you with the knowledge and insights you need to thrive in the dynamic landscape of alternative assets. Get ready to transform how you invest, inspiring a new way of thinking about your finances, and discover how to make your money work harder. Dive in with us, and let's make investing in alternative assets easy, giving you the confidence to navigate the financial landscape, one episode at a time.