Everything Todd Tresidder said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Tresidder: Investors do not have to accept constant market risk
“There's a presumption in conventional asset allocation passive approach to investing that you have to accept market risk at all times in order to get a market-based return, and that's simply not true.”
Tresidder: Smarter to Buy Than Build Hedge Funds Due to Low Valuations
“They're valued very poorly, actually. The better, the smarter businesses, rather than build one, buy one, because they're worth more than you pay for them in a nutshell.”
Tresidder: Top asset allocation models yield within 1% over 30 years
“The research also shows that you can take the top, you know, 12, 15 Asset allocations out there, plot them over 30 years, and while they'll have great variance in any one to three year period, over 30 years, they're all within one percentage point compounded o…”
Tresidder: Wealth creation requires creating higher lows through active risk management
“The game is just as much risk management as it is how fast you can compound it.
And so you've got to have risk management.
The game is to constantly create higher highs and higher lows.
And you only do that through smart risk management.”
Tresidder: Corporate environments like HP prioritize political correctness over tangible results
“It's all about political correctness, not results. And I'm all about results, not political correctness.”
Tresidder: Statistical and mathematical risk management is the proper way to invest
“It's all about statistical and mathematical risk management systems is the proper way to manage money.”
Tresidder: Entrepreneurship yields significantly higher returns than conventional asset allocation portfolios
“If you look at conventional asset allocation, there's limits to growth.
Okay.
You have to understand what the source of return is to a conventional asset allocation portfolio.
You can look at it just to, you know, you can just look at it from a common sense st…”
Tresidder: He sold his real estate outright, skipping a 1031 exchange
“I sold it outright and paid the taxes. I did not reinvest it, did not 10 31 exchange it or anything.”
Tresidder: Financial leverage cuts both ways, but knowledge leverage has no downside
“One of the unique things of financial leverage is it cuts both ways equally. And that's why it's dangerous and you have to be really careful how you apply it. Whereas knowledge leverage, it has no downside.”
Tresidder: Real estate must be financed with fully amortizing fixed mortgages
“Income-producing real estate on a fully amortizing fixed-rate mortgage. Very important. Do not buy it on garbage loans. It has to be on a fully, because it's just a question of time until you own it. It's a cash flow machine for life, adjust for inflation.”
Tresidder: Real estate pro forma analysis never matches actual building performance
“The deals are never the numbers. So if you've done enough deals, you realize that pro forma analysis, the buildings never come out that way. You come out a lot better, a lot worse.”
Tresidder: Scalable online courses offer a smarter business model than 1-on-1 coaching
“And at a better price point, it's a way to deliver way better value for people, help way more people, you know, leverage through technology. It's just a much smarter business model.”
Tresidder: He sold his entire real estate portfolio in 2005 and 2006
“I sold all my real estate back in 2005, 2006, right?”
Tresidder: His hedge fund charged a straight 3 percent management fee
“Oh no, we were straight three percent. I'm sorry, long-winded answer to get to the short answer, which was, we were a straight three percent management fee.”
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