What if everyday investors could tap into hedge fund-level strategies without the hefty price tag? Today's guest, Bob Elliott, co-founder, CEO, and CIO of Unlimited Funds, shares with us how he is reshaping the world of alternative investments.
With a career that kicked off at the renowned Bridgewater Associates, one of the largest hedge funds globally, where he worked alongside legendary investor Ray Dalio, Bob is now on a mission to bring sophisticated, low-cost investment strategies to the masses.
“[Unlimited Funds] is giving those advisors a very efficient way to add – a sophisticated, diversified return, to their overall portfolio.” — Bob Elliott [0:18:46]
How does he do it? By harnessing machine learning to challenge the traditional two-and-twenty fee structure.
Bob dives deep into "the wisdom of the crowd," the critical role of fee reduction, and how to strike the perfect balance between market humility and bold moves in the venture world.
“There's more wisdom in the crowd than there is wisdom in the manager. That's what we're really focused on.” — Bob Elliott [0:11:54]
Along the way, Bob shares the entrepreneurial lessons he's learned in building Unlimited and gives us a glimpse into the future of hedge fund replication products.
“Managing money, trying to generate alpha, differentiated returns. It’s one of the hardest games in the whole world.” — Bob Elliott [0:31:36]
If you're looking for a fresh take on democratizing financial markets, this is a conversation you won’t want to miss!
KEY POINTS FROM THIS EPISODE:
Bob Elliott’s career, from Bridgewater to co-founding Unlimited Funds.
The founding of Unlimited Funds and its focus on systematic alternative investment strategies.
Unlimited Funds’s groundbreaking mission to lower fees for investors.
Why most efforts to democratize access to alternatives still contribute to the fee problem.
How Unlimited Funds disrupts the traditional two and twenty investing model.
What it means to be systematic in your investing at Unlimited Funds.
The role of “wisdom of the crowd” in building their investment strategies.
How advisors can use Unlimited Funds’ ETF as a new building block for portfolios.
Addressing concerns over the economy and a potential downturn.
Bob’s views on how the US has been handling recent monetary policy.
Insights on the challenges and benefits of being an entrepreneur in finance.
How Unlimited is creating ETFs to replicate hedge fund and private equity returns.
Reflections on the future of Unlimited Funds and its potential impact on investing.
LINKS MENTIONED IN TODAY'S EPISODE:
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Please note that the information contained in this interview is not financial advice but for entertainment purposes. I am not a financial advisor and make no warranties or representations concerning the accuracy or suitability of the information contained in this interview. I recommend that any and all investment decisions be made with the advice of registered investment advisors.