In this episode of the Brinkman Report, host Kevin Brinkman welcomed Doug Johnson, the chair of Tiger 21, a private peer-to-peer learning network for high net worth individuals. Doug shared valuable insights into current investor sentiment and market dynamics, particularly in light of recent job revisions and discussions surrounding interest rates.

The conversation began with an overview of Tiger 21, where members engage in deep discussions about wealth management, investment strategies, and personal growth. Doug highlighted the cautious yet optimistic mood among investors, noting that many are taking a wait-and-see approach until after the upcoming election.

The episode explored asset allocation trends within Tiger 21, revealing significant investments in real estate, public equities, and private equity. Doug emphasized the importance of understanding the purpose behind wealth and how it influences investment decisions. He also discussed the evolving landscape of private credit and the potential impact of interest rate changes on cash holdings.

Towards the end of the discussion, the importance of health and well-being in the context of wealth was underscored, with Doug noting that investing in oneself is crucial for long-term success. He shared some top tips from the Tiger 21 community, focusing on health and wellness, which resonated with many members.

Overall, the episode provided a wealth of knowledge on navigating the complexities of wealth management and the significance of aligning investments with personal values and goals. Kevin expressed his appreciation for Doug’s perspective and insights, hoping that listeners found the discussion as enlightening as he did. He concluded by thanking the audience for tuning in and looking forward to the next episode.