#637 How To Acquire Businesses & Build Wealth w/ Codie Sanchez
The Pomp Podcast
00:00
How Do You Think About Allocating Capital Between the Stock Market and Private Market Deals?
I'm a huge believer in diversification, which is like, o of course. But the problem is most people aren't actually diversified. So me in finance for years, and your pay is highly correlated with what the stock market does. And so i started to do was look at non correlated asset classes. When the market goes down, all of them usually go down. Right these days, my portfoliois pretty broad based. I have about 50 % of my a investments are in small, medium businesses. Then i have a very small percentage in stocks, wit ten % less in bonds. I have some crypto holdings. Oh, and then i hold a tonic ah, so we
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