Listen "Frank Packard: Alternative Investment Specialist"
Episode Synopsis
This episode I step outside my comfort zone and talk about investing with Alternative Investment Specialist Frank Packard. Specifically we discuss Passion Investing, things like art, watches, and fine wine. What are the opportunities and what are the risks. Do you have a collection of something which might be worth a lot of money? Then you know It's not just about portfolio diversification, but also about the joy of ownership. Frank is really interesting, he was actually born in Japan and only moved back to the US when he was seven. So we discuss what that was like in terms of reverse culture shock and being academically ahead of his peers. Frank's insight on navigating both American and Japanese culture is story-telling at it's best. Finally we discuss his 3 golden rules of investing, spoiler alert, #3 is "No Jerks", some great reasons to be bullish on Japan's future, and a cultural analogy / insight on American's love of "beating the clock" vs. Japan's love of silence and patience. Additional topics from our conversation:Being a Westerner born in Japan and childhood stories from the 1950'sWhat exactly are "Alternative Investments" Discuss interest in Antique Maps, Vintage Posters, and Japanese Screens as personal collectable investmentsTells the story of owning (then selling) an original Andy Warhol artworkThe role insurance plays when investing in art and collectablesWhat is "Yield Margin" and is it high in Japan? Japan's low interest rates make real estate investing "low risk" - True or falseHow growing up in Japan enhanced his professional communication skillsWhy Japan is the most sensual country in the worldHis favorite untranslatable Japanese wordMore Now and Zen Japan episodes: http://nowandzen.jpGrow website traffic = Zo Digital: https://www.zodigital.jp/Great Sleep Starts Here = gugu Sleep Company: https://gugu.jpJapan Adventures via Camper Van = Dream Drive: https://www.dreamdrive.lifeUse the code word "ZEN" to receive discounts
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