{"podcast":{"title":"Real Estate Investing with RealDealChat","slug":"real-estate-investing-with-realdealchat-933377","podcast_index_feed_id":933377,"rss_url":"https://feeds.captivate.fm/reimastermind/","website_url":"https://realdealcrew.com/real-estate-investing-podcast","image_url":"https://artwork.captivate.fm/bf2b96f7-6223-43d6-917d-cc80d453eba1/RealDealChat-Cover.jpg","author":"RealDealCrew / Jack Hoss","episode_count":300,"summary":"Real Estate Investing with RealDealChat is a podcast featuring interviews with experienced real estate investors, wholesalers, flippers, landlords, and operators actively closing deals. Each episode breaks down: • Real estate investing strategies • Deal sourcing and wholesaling tactics • Fix and flip systems • Rental property scaling • AI and automation tools for investors • Deal operations and lead management Hosted by Jack Hoss, a real estate investor and founder of RealDealCrew, the show focuses on practical execution — not theory. Whether you're wholesaling houses, flipping properties, building a rental portfolio, or scaling a real estate investing business, this podcast delivers real-world lessons from operators actively doing deals. Follow the show to get weekly insights on real estate investing strategies, deal flow systems, and operational growth.","last_synced_at":null,"page_url":"https://stenobird.com/podcast/real-estate-investing-with-realdealchat-933377"},"episode":{"title":"Why Billionaires Only Put 20% in the Stock Market w/ Bob Fraser","slug":"why-billionaires-only-put-20-in-the-stock-market-w-bob-fraser","published_at":"2026-05-06T20:00:00+00:00","page_url":"https://stenobird.com/podcast/real-estate-investing-with-realdealchat-933377/why-billionaires-only-put-20-in-the-stock-market-w-bob-fraser","show_page_url":"https://stenobird.com/podcast/real-estate-investing-with-realdealchat-933377","url":"https://realdealcrew.com/real-estate-investing-podcast","audio_url":"https://episodes.captivate.fm/episode/cca06a48-5150-479f-922d-beb2cba4b2b6.mp3","summary":"Bob Fraser reveals why billionaires keep only 20% in public markets and how private alternatives can protect and grow wealth — without chasing returns. In this episode of RealDealChat, Jack Hoss sits down with Bob Fraser , CFO and chief macro strategist of Aspen Funds and co-author of the USA Today bestseller Invest Like a Billionaire , to break down how the ultra-wealthy structure their portfolios and why most investors are playing the wrong game entirely. Bob covers: Why billionaires keep only 20-30% of their wealth in public markets The difference between diversification and true mathematical uncorrelation Why the S&P 500 index is more concentrated than most investors realize Why public markets are driven by emotion and narrative rather than fundamentals The current valuation argument against public equities and what history says about forward returns How to evaluate private alternative investments by risk profile Why oil and gas can function as an uncorrelated, cash-flowing asset The natural gas thesis and its connection to AI energy demand How the JOBS Act of 2012 opened private investing to accredited investors Red flags to watch for when vetting syndicators and sponsors Why losses hurt compounding more than gains help it Bob's personal story of being wiped out twice and what it taught him This episode is essential for: Accredited investors looking to move beyond a traditional 60/40 portfolio Real estate investors who want to add true uncorrelation to their holdings Anyone vetting private deals and syndications Investors trying to understand where risk actually lives in their portfolio 🔗 Learn more about Bob and Aspen Funds: https://aspenfunds.us 🔗 Build systems for your investing business: https://realdealcrew.com Work With RealDealCrew If you’re already clo…","meta_description":"Bob Fraser reveals why billionaires keep only 20% in public markets and how private alternatives can protect and grow wealth — without chasing returns. In…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1980,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/real-estate-investing-with-realdealchat-933377/episodes/why-billionaires-only-put-20-in-the-stock-market-w-bob-fraser/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/real-estate-investing-with-realdealchat-933377/why-billionaires-only-put-20-in-the-stock-market-w-bob-fraser.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}