If AI fulfills it's promise the economic affects will be profound. The article considers various investment ideas for navigating a theoretical world where AI does actually deliver on its promise.

AI's newfound ability to code will greatly accelerate its progress. And the timeline for profound scientific and economic change may be shorter than many expect. But history is also littered with technologies that failed to deliver on expectations. And even successful breakthroughs don't always scale cleanly. This section looks at both the case for rapid change and the reasons AI may stall or stop.

So far, the AI boom has been an expensive disappointment, involving massive spending and hype, and very little to show for it. But the latest release of Claude Code delivered a sudden and dramatic improvement in a pivotal and crucial area. The risk of an AI bubble remains real. But if AI continues to improve at this pace, the effects on jobs and the economy could be huge — and arrive far sooner than many expect.

In Part 1 I explained the strategy, allocations, and overall performance of my alternative portfolio. Here in Part 2, I go deeper into the individual investments — including real estate, GP stakes, litigation finance, music royalties, private equity, search funds and more— along with income, distributions, lessons learned, and future plans. And I also discuss cash management, taxes and what I'm looking at going forward.

Several previous years had unusually strong, across-the-board performance. This year my alternative portfolio behaved more typically, with a mix of cycles across it's diversified holdings. The up-cycle and uncorrelated strategies performed well. And despite real-estate being in a down-cycle (and many similar deals imploding) income was good and illustrated the strengths of vintage year investing and sticking with conservatively structured deals. Here's an in-depth look at my

Real estate's long-term track record is excellent (comparable to stocks in raw returns and often superior on an after-tax basis). So why do I see so many real-estate investors end up with massive holes in their portfolios which they never recover from … and then conclude that “real estate investing doesn’t work”? This Part II does a deep-dive into a real-world example of an egregiously aggressive deal that imploded. It also explains the warning signs that were visible from da

Real estate's long-term track record is excellent — comparable to stocks in raw returns and superior on an after-tax basis. So why do I see so many real-estate investors ending up with massive holes in their portfolio that they never recover from … and concluding that “real estate investing doesn’t work”? This article examines the unintuitive and devastating mathematics of large losses, and how to mitigate that crucially important, but under-appreciated, risk.

Site was once so popular that deals sold-out in seconds or minutes. But then $ hundreds of millions of investor losses followed. And investors sued and SEC enforcement actions followed. Now the firm has rebranded as Willow Wealth and claims“transparency is paramount.” But is it transparent for any platform to remove its past performance from public view ... and also make it harder for new investors to understand it's full history?

A jolting Challenger analysis reports a jaw-dropping 1.09 million job-cut announcements in 2025 so far --- the worst since 2020. And massive job losses accompany virtually every recession. So is the dreaded "R" word lurking around the corner? Or could there be another explanation? And if a recession is coming...then what would it mean to alternative investors?

Lennar Investor Marketplace is a site that allows an investor to purchase brand-new single-family homes to rent out — a model commonly referred to as build-to-rent. This setup helps investors avoid the unpleasant surprises of unforeseen capital expenditures that often plague older rental inventory.

Gatsby Investments is a hyper-focused multi-family operator in LA county with a remarkable track record claiming 48 properties over 8 years (and returning about 23% IRR). It also impressively reports zero losses during the 2 to 3 years of the recent multifamily downturn. Debt is also conservatively low and long-term. On the down-side, it doesn't currently disclose it's co-investment or type of debt (fixed versus floating). And it appears to offer no preferred return in it's

nvestors were drawn-in by promises of sky-high returns, low-risk, raving investor reviews and were paid like clockwork … right up until it all collapsed. Here’s how many Private Investor Club members spotted the disturbing warning signs early and avoided the blood-bath.

F Street is a newcomer that has surprisingly high deal flow, a wide variety of offerings, and impressive (claimed) AUM of $647 Million. On the down side, it doesn't disclose it's full track record or co-investment. Additionally, leadership's site bios are essentially empty and the CEO appears to have no previous experience managing other people's money as a fund manager.

For years, enthusiastic Prestige investors gushed about being “paid like clockwork” and couldn’t pile in fast enough. But in the end, the house of cards came crashing down with investor lawsuits and jaw-dropping losses. Yet many Private Investor Club members spotted glaring red flags from the beginning and avoided the carnage completely, by walking away. Here’s how and why.

Unprecedented events have caused the four main real-estate classes to do something very unusual… completely diverge. We look at which ones are blossoming, which are coping and which are bleeding.

This newish site claims an impressive looking $650 million AUM, 10% historical cash on cash return and a surprisingly large variety of loans to choose from. It's also open to nonaccredited investors and has a reasonably low $25k minimum. Downsides include apparent lack of disclosure of key details including co-investment and the fees and/or promotes charged. And key features don't appear to be fully explained like note type, capital stack position and whether notes are fully

This newcomer to The Review offers deals in the desirable but often-difficult-to-access class of single-family rentals. It has impressive de

Rapidly evolving events have stunned many public and private investors and challenged their portfolios. But change also brings...

This newcomer to The Review offers deals in the desirable but often-difficult-to-access class of single-family rentals. It has impressive de

Franchises can offer steady income, portfolio diversification, and inflation hedging and with exponentially less risks than startups. But th