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What if the greatest investment you could make isn't in real estate, stocks, or even private credit—but in yourself? Dave Wolcott, former Marine officer turned alternative investment expert, shares how studying millionaires and billionaires led him to discover a holistic approach to wealth that goes far beyond your bank account. In this episode, Dave breaks down private credit (the hard money lending of the business world), explains why he focuses on just three asset classes, and reveals how investors are achieving 20%+ returns by cutting out the middlemen.

[00:00 - 05:30] From Marines to Triplets: The Wake-Up Call

• Served as an officer in the Marine Corps, traveled the world including Israel
• Had triplets in 2000, quadrupling his family size overnight with an 18-month-old at home

[05:31 - 09:25] The Six Forms of Capital: Beyond Financial Wealth

• The greatest investment is in yourself—not just the next deal
• Defines holistic wealth across six dimensions: financial, intellectual, spiritual, human, emotional, and social capital
  
  
  

[09:26 - 15:05] Private Credit Explained: The Business World's Hard Money Lending

• Banks are tightening regulations, creating gaps in funding for growing small businesses
• Private credit fills the need for fast capital—think roofing companies with 3 years of backlogged work after hurricanes

[15:06 - 20:05] How to Access Institutional-Quality Returns

• Pooling investor capital through a fund model to bring $10M+ to sponsors
• Gets the same terms as major institutions by working directly with sponsors (no middlemen)

[20:06 - 25:10] The Three-Asset Strategy: Real Estate, Energy, and Private Credit

• Ultra-wealthy get really good at 1-3 asset classes for best due diligence and deal flow

[25:11 - 31:00] Time Is the Real Asset

• Questions the accumulation theory: why defer taxes in a 401(k) when taxes will likely increase?

[31:01 - 33:05] Final Four & How to Connect

Connect with Dave:

Website: https://holisticwealthstrategy.com (free book download)

Podcast: Wealth Strategy Secrets of the Ultra Wealthy

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