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
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
