BiggerPockets Money Podcast

How The Top 1% Actually Invest (Not What You Think)

78 snips
Oct 28, 2025
In this conversation, Tad Fallows, co-founder of Long Angle and former medical software entrepreneur, shares insights into the investment habits of the ultra-wealthy. He discusses common paths to joining the 1% and reveals why they favor index funds, private equity, and real estate over traditional advice. Tad emphasizes the importance of self-managing investments to retain control and explores unique opportunities like niche arbitrage. His perspective challenges conventional wisdom and offers valuable lessons for those pursuing financial independence.
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ANECDOTE

Cross-Border Arbitrage Through Trusted Networks

  • A member arbitraged Bitcoin price differences between Argentina and the U.S. using trusted community networks to net ~25% weekly returns.
  • The edge vanished after trust broke and the opportunity was arbitraged away.
INSIGHT

Elite Schools Help But Aren't Required

  • Ivy-league pedigree is overrepresented but far from dominant among wealth creators.
  • Many top outcomes come from state schools, military, or no college at all.
ADVICE

Hire For Recent Track Record

  • Don't rely on pedigree alone; performance over the last 5–10 years matters far more when hiring or evaluating talent.
  • Use demonstrated results at reputable companies instead of academic credentials to assess fit.
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