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Episode 60 - Peaceful Strategy and Bitcoin: Dave Shirkey and Family Investments

Author
Robby Butler
Published
Tue 26 Mar 2024
Episode Link
https://wealthrenegade.libsyn.com/episode-60-peaceful-strategy-and-bitcoin-dave-shirkey-and-family-investments

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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