Episode 135: Most Investors Are Asking the Wrong Question

Billionaire investor logic reveals why prioritizing risk over returns is the ultimate secret to surviving market cycles.

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Most investors start by asking:

“How much money can I make?”

Bob Fraser thinks that’s the wrong question.

In this episode, the co-founder and CFO of Aspen Funds explains why the best investors in the world focus on risk before returns, how billionaire investors build portfolios differently, and why protecting capital matters more than chasing upside.

We dive into:

✅ Why good technology doesn’t automatically create good investments

✅ The hidden problem with most capital raising strategies

✅ How billionaire investors think about risk

✅ Why Evergreen funds may outperform traditional syndications

✅ The biggest mistakes operators make when raising capital

✅ What Bob looks for before investing in any deal

✅ The future of multifamily, industrial, and retail real estate

✅ Why natural gas may be one of the most important investments of the next decade

Plus, Bob shares lessons from being wiped out during both the Dot-Com crash and the Great Financial Crisis and how those experiences shaped the way he invests today.

If you’re an investor, operator, broker, or entrepreneur trying to build wealth that survives market cycles, this episode is packed with practical insights.

 

Connect with Bob Fraser: https://investlikeabillionaire.org/

Podcast: ⁨@investlikeabillionairepodcast⁩

Buy The Book Invest Like A Billionaire: https://www.amazon.com/dp/B0F3W2SNDS?ref_=cm_sw_r_ffobk_cp_ud_dp_JJH1RCMQ8177AJJ6TACT&bestFormat=true

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📒Show Notes📒

 

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Bo is a CCIM Instructor, co-founder of HearthStone Capital, and the owner and operator of Barron Commercial Group, servicing Western KY and its surrounding markets.

For all CRE inquiries, visit barroncommercial.com

Timmy is an actor, comedian, writer and host: @timmybarron https://youtu.be/ICoIAHSZvgA