Patrick Grimes, CEO of Passive Investing Mastery and internationally bestselling author, shares how accredited investors can diversify like the ultra-wealthy. In this episode, Patrick explains why litigation funding, rare earth metals, and other alternative investments can protect your wealth, create passive income, and thrive during any economic cycle.

In this episode, we chat about…

• Patrick's shift from robotics engineering to building wealth through real estate and alternative assets

• Why litigation finance is a powerful, non-correlated investment strategy

• How accredited investors can access opportunities usually reserved for hedge funds and institutions

• The role of AI and automation in scaling real estate and investment operations

• Lessons from losing everything in 2009 and why proper diversification matters more than chasing returns

• The future of alternative investing: rare earth metals, strategic commodities, and commercial acquisitions

Key Takeaways:

• Don't wait for a downturn, true security comes from diversified, recession-resilient assets.

• Non-correlated investments (like litigation finance or healthcare-related industries) provide stability beyond real estate and stocks.

• Tax efficiency is important, but it shouldn't drive your entire portfolio strategy.

• AI is transforming operations in property management and deal sourcing, freeing time for higher-value decisions.

• Scaling requires partnering and outsourcing, trying to do it all yourself limits growth.

• The wealthy build portfolios with balanced allocations, not by betting everything on one asset class.

Resources from Patrick

LinkedIn | Website | Get Patrick's bestselling book (free copy for listeners)

The Alternative Investment Almanac by Denis Shapiro | The 4-Hour Workweek by Tim Ferriss

Resources from Mike and Nichole

Gateway Private Equity Group | Nic's guide