E40: Develop Your Personal Investing Strategy with Itay Vinik

On today's Upstream, Erik interviews Itay Vinik to get an overview of the markets and current macro environment, learn frameworks for adjusting an investing strategy based on rising or falling interest rates, and debunk common investment myths. They cover the Federal Reserve's role in a globalized economy, discuss the strategies that stabilize markets, and evaluate different asset classes during economic shifts. Upstream is sponsored by Shopify: https://shopify.com/torenberg for a $1/month trial period. Itay Vinik is the Co-Founder & Chief Investment Officer at Equi (https://www.equi.com/), an alternative investment platform that brings investment strategies to accredited investors. - RECOMMENDED PODCAST: History 102 with WhatifAltHist Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more. Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm Apple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913 YouTube: https://www.youtube.com/@History102-qg5oj – We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com. – SPONSORS: BEEHIIV | SHOPIFY Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. 🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months. SHOPIFY: https://shopify.com/torenberg for a $1/month trial period Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of all e-commerce in the US. And Shopify’s the global force behind Allbirds, Rothy’s, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries. From their all-in-one e-commerce platform, to their in-person POS system – wherever and whatever you’re selling, Shopify’s got you covered. With free Shopify Magic, sell more with less effort by whipping up captivating content that converts – from blog posts to product descriptions using AI. Sign up for $1/month trial period: https://shopify.com/torenberg – X / TWITTER: @vinikitay @eriktorenberg @upstream__pod @turpentinemedia – TIMESTAMPS: (00:00) Intro (04:57) Understanding Alternative Investments (12:21) The Impact of Interest Rates on Investments (14:00) Sponsors: Shopify (17:59) Understanding the Role of the Fed (23:52) Investing Strategies for Different Economic Conditions (33:52) Debunking the Inverse Correlation of Stocks and Bonds (35:44) Stock Market vs. Real Economy (42:24) Predicting a Potential Recession (42:34) The Fed's Track Record and the Possibility of a Rate Hike (44:03) The Consequences of Increasing Rates (44:50) Understanding Quantitative Easing and Tightening (47:10) The Role of the Fed in Money Creation (01:10:19) The Impact of Globalization on the Fed's Decisions (01:13:22) Understanding China's Currency Manipulation (01:14:37) The Debate on Passive vs Active Investing (01:20:09) The Power of Real Estate in Wealth Creation This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at [email protected].