The Industry Disruptor Alto Self Directed IRA with Eric Satz | 582

But after his first investment deal, he realized that the process took weeks and he knew there had to be a better way, and that’s when he started Alto.Alto is a company that helps people invest in alternative investments including digital currencies like cryptocurrency and be able to take control of their IRA money and their future.Key Talking Points of the Episode[01:32] Who is Eric Satz?[02:33] What does Alto help people with? [04:05] What is Eric’s background?[10:00] What was Eric’s vision for a self-directed IRA?[11:10] Should you be investing in mutual funds?[12:12] How does Alto help your investments?[15:09] What should you know about investing in artwork? [16:16] What can you do with technology and investment platforms today?[19:48] How can Alto help you if you have your own deal flow?[21:17] What did Eric want to change as a customer? [23:13] How can you get started with Alto? Quotables“At Alto, we help individuals invest their retirement savings in alternative, non-traditional assets - things like private equity, venture capital, real estate, artwork, collectibles, crypto assets.”“We’re trying to make sure that people have choices and options when they get to that age.”“By the way, I’m not anti-public company, I’m not anti-public stocks and bonds - I just think that 60/40 is overrated and dead.”“The point is to have a portfolio because there are gonna be winners and losers, but you want your winners to be big winners, continue to invest in your winners, and you want your losers to be relatively contained and small, and that’s just the way portfolio construction works.”