In 2016, David Shirkey focused his business-buying prowess (built over generations with his family) to explore numerous asset classes: Mobile-home parks, industrial, multifamily, and life insurance. How did Bitcoin enter the fray? Find out here: In the broadest episode we have ever done at the Wealth Renegade Podcast. Follow David on X.com at @shirkeyd: https://x.com/shirkeyd
Highlights
- Benefits and strategies of investing in life insurance
- Experiences with Bitcoin in El Salvador
- Balancing exposure to Bitcoin with other asset classes
- Managing family involvement in investment strategies
- Family unanimity for decision-making in deploying capital
- 10-10 annual meeting and the family's investment strategy
- Activities the family indulges in during their meetings including games and business pitches from the children
- The importance of intentional discussions about their family business, investments, and goals during their annual trip
- The imperfect but effective nature of their family investment strategy
- Approval of David's family's exercise of long-term thinking and commendation of their initiative
Episode Resources
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