I'm curious about your own personal investments. What's your investing strategy and how do you diversify and allocate your assets accordingly?
So obviously I'm 100% invested in private credit-just kidding. I think equity can always be a viable and important part of a portfolio. It’s naturally liquid, so there are certainly a lot of benefits to that. I think for the average investor, a decent portion of their portfolio could be in equities. I think from a risk tolerance standpoint, given that I'm on the younger side, there's a lot more optionality for what you can invest in. Crypto, for example, is something that at this point I think everyone can at least dabble in and learn more about. It's been interesting to see how much crypto has become part of millennials and Gen Z's net worth accidentally, just based on the run-up that they've had. If you want to rebalance that into more hard assets and more real-world assets, that's up to the discretion of the investor, but regardless, I think some cryptocurrency exposure can be good.
After that, it really comes down to what the investor wants. For me personally, I've been interested obviously in private credit, but also making angel investments in other startups and in art, especially during the pandemic. I've been involved in art for a couple of years now, and it's just been something that I think has been very personally enjoyable, which is going back to that kind of tangible asset idea that I was referring to earlier. Some people just appreciate the realness of it all, it’s something they can see and touch, and it’s what makes them attracted to it. In my case, I like the fact that it makes me happy and it has a calming effect on me when I see it around the house. For my portfolio, it's a mix of equities, angel investments, crypto, private credit, and art.