About this episode

Ellis Hammond and Bob Fraser discuss the advantages of private alternatives in today's market and how billionaire investors approach portfolio construction.

The stock market is at record highs but does that mean it's time to rebalance? In this episode of Invest Like A Billionaire , Ellis Hammond sits down with Bob Fraser to discuss why today's market may be strengthening the case for private alternatives, where he's personally investing today, and how billionaire investors think about portfolio construction. They cover portfolio diversification, private credit, multifamily real estate, liquidity, taxes, cash flow, and the biggest mistakes investors make when moving beyond stocks. Have more questions, or want more resources like a tax calculator? Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://investlikeabillionaire.org/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more about our community. Check out Ben & Bob’s company and invest along at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://aspenfunds.us/

More episodes of Invest Like a Billionaire

• The Economic War Every Investor Should Understand · July 21, 2026 · 42 min
• Why Your Index Fund Isn't as Safe as You Think · July 7, 2026 · 43 min
• The Fed is About to Change Everything. Are You Ready? · June 30, 2026 · 40 min
• The Economy Absorbed a War, Tariffs, & a New Fed Chair. Here's Why It Didn't Break. · June 23, 2026 · 35 min
• Don't Waste Your 30s or 40s: The Wealth Moves That Matter Most · June 16, 2026 · 52 min

Explore listener stats, chart rankings, contacts and more on the Invest Like a Billionaire podcast page.