342: How Entrepreneurs Can Offset the Risk of Business by Investing Smartly

Make more money, work less, and be prepared for a black swan event when you offset the risk of business by investing smartly.  Taylor Pearson is the founder of Mutiny Fund, where he helps investors maximize the long-term growth of their portfolios.  In this episode, he shares how he thinks about investing and diversifying as a business owner.  We talk about how to think about diversifying your portfolio to offset the risk you've taken by going all-in on a business You’ll learn what talk risk means, how to better preserve wealth and what to think about investing right now when it seems like the whole world is going crazy.  This podcast is provided for informational purposes only and should not be relied upon as legal, business, investment, or tax advice. All opinions expressed by podcast participants are solely their own opinions and listeners are reminded that managed futures and other alternative investments are complex and carry a risk of substantial losses. Visit mutinyfund.com/disclaimer for more information. Episode Highlights: 4:18 Taylor’s tail risk and long volatility hedge fund, Munity Fund  6:50 Why you should be thinking about tail risk  10:28 What exactly tail risk means 13:58 Playing the long game in investing and evaluating your personal risk tolerance  18:18 Are we headed for a major economy altering black swan event? 21:10 Debt super cycles and patterns in financial history 23:58 Should you be preparing your portfolio for a black swan event? 27:41 Being an optimistic & rational prepper  31:36 Thinking about your business as a part of your portfolio and how to balance risk 35:30 Finding a minority stake business owner for your business  38:13 Conservative assets to offset your business with  43:03 Taylor’s thoughts on holding cash right now 47:06 How often you should think about rebalancing  Resources: Munity Fund @TaylorPearsonMe on Twitter Taylorpearson.me The Brand Growth Membership (7-day free trial if you join today) @BrandGrowthX on Twitter Review or subscribe on iTunes