Episode #688
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Episode Show Notes: https://biggerpocketsmoney.com/episodes/
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Connect with Tad!
Long Angle Website: https://www.longangle.com/
LinkedIn: https://www.linkedin.com/in/fallows/
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Scott: https://www.instagram.com/scott_trench/
Mindy: https://www.instagram.com/_mindyatbp/
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The ultra-wealthy don’t invest like the rest of us—and they definitely don’t follow traditional financial advice. In this episode of BiggerPockets Money, hosts Mindy Jensen and Scott Trench sit down with Tad Fallows, co-founder of Long Angle, to pull back the curtain on how the top 1% actually build and manage their wealth.

Tad reveals the most common paths to joining the 1%—entrepreneurship, tech executive roles, and high-conviction bets—and explains why their portfolios look nothing like what most financial advisors recommend. Discover why the wealthy favor index funds, private equity, and real estate while avoiding bonds and traditional advisors altogether. If you’ve ever wondered how the investment strategies of high-net-worth individuals differ from the FIRE community’s approach, this conversation will open your eyes.

00:00 How the Top 1% Invest
09:25 Unique Investment Strategies and Big Bets
18:09 The Key Wealth Drivers
21:31 Public Equities and Historical Returns
23:47 Portfolio Management of the 1%
25:10 Asset Allocation and Risk Management
28:37 Diversification in Investments
30:08 Wealth Building
31:38 Investment Approaches of the Top 1%
32:44 Managing Wealth and Financial Advisors
36:37 Connect with Tad!