203. April 2026 Mailbag

In this April 2026 Mailbag, Jason and Jeff tackle a massive listener question about portfolio concentration in retirement, debating the merits of holding onto tiny "VC-minded" positions like Warby Parker and QuantumScape versus consolidating into bigger winners. They also provide an update on the "boring" but beautiful Brookfield Infrastructure, exploring its pivot toward modern assets like semiconductor fabs and its impressive 17-year streak of dividend increases. Later, they unpack the nuances of the private credit scare—and why major banks might have more exposure than investors realize. 00:35 Spotify Review Challenge 04:43 Retirement Portfolio Breakdown 06:20 Concentration vs Diversification 10:54 Options Income Bucket 12:49 Trim Small Positions 17:58 Enjoy Investing vs Indexing 19:57 Taxes and Ezra Klein Plug 20:55 Brookfield Infrastructure Update 22:52 Modern Infrastructure Shift 23:21 Intel Ohio Fab Deal 23:47 Energy Pivot Opportunities 24:35 Leadership Sam Pollock 26:38 Market Sensitivity Brookfield 28:35 Dividend Yield Return Math 30:45 Private Credit Reality Check 37:06 Risk Discounting Framework 38:35 AI Prompts Investing Workflow 40:41 AI Bias And Transcript Shortcuts 46:52 Comment Of The Month Wrap Companies mentioned: ADBE, AXON, BAM, BIP, BIPC, INTC, JPM, NVDA, OWL, QS, ROKU, SOFI, WFC, WRBY, ZM Find where to listen & subscribe, portfolio contests, and contact information at https://investingunscripted.com ***************************************** To get 15% off any paid plan at fiscal.ai, visit https://fiscal.ai/unscripted Listen to the Chit Chat Stocks Podcast for discussions on stocks, financial markets, super investors, and more. Follow the show on Spotify, Apple Podcasts, or YouTube ***************************************** Join our PatreonSubscribe to our portfolio on Savvy Trader Learn more about your ad choices. Visit megaphone.fm/adchoices