Why Wall Street's Old Playbook Is Dead (And Where the Smart Money's Actually Going)


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Hello Future Entrepreneurs!

Look, I'm gonna be real with you.

If you're still putting all your chips on stocks and bonds like it's 2015, you're not diversified—you're just late.

The game's changed. The smartest investors I know aren't glued to CNBC waiting for the opening bell anymore. They're hunting in places most people don't even know exist. Private markets. Cultural assets. Infrastructure plays that sound boring as hell but print money.

Wall Street isn't dead, but its monopoly on "serious investing" definitely is.

So where's the real action?

-Let’s do this.


Private Credit: The Boring Play That Actually Pays

Remember when everyone was buying Bitcoin at $60K? Yeah, how'd that work out?

Private credit is what crypto wished it could be—high yields, real cash flow, and none of the "is this a Ponzi scheme?" energy.

Here's the deal: banks are pulling back from lending because of regulations. That's left a massive gap. Small and mid-sized businesses still need capital, and private lenders are stepping in to fill that void—earning 8-15% returns in the process.

Platforms like Yieldstreet and iCapital have made this accessible to accredited investors. It's not as flashy as meme coins, but it's profitable in all the right ways. Real collateral. Predictable income. And unlike bonds, most private credit deals are floating-rate, so when interest rates go up, your returns increase.

It's boring in the best possible way.


Infrastructure: Powering the AI Revolution Nobody Sees

Here's a sentence I never thought I'd write: data centers are sexy now.

AI's explosive growth has created an insatiable demand for power. ChatGPT doesn't run on hopes and dreams—it runs on massive data centers consuming ungodly amounts of electricity. And someone's gotta build that infrastructure.

BlackRock predicts infrastructure returns will outpace equities through 2030. They're projecting private markets to grow from $13 trillion today to over $20 trillion by decade's end, with infrastructure leading the charge.

Why? Because these investments offer stable, inflation-protected cash flows from essential services. The grid doesn't become obsolete when the next iPhone drops.

Translation? There's real money in the "boring" stuff. Because while everyone's chasing the next Tesla, the smart money's literally powering the grid that keeps Tesla running.

Crypto Grew Up (Finally)

I'm not saying crypto's dead. I'm saying it evolved.

The hype wave crashed in 2022, but serious capital never left—it just got smarter. Now we're seeing tokenized real-world assets, DeFi credit lines with actual underwriting, and stablecoin infrastructure processing trillions in annual volume.

Think of it as crypto's college graduation. We went from gambling on dog coins to using blockchain rails to trade actual real estate, bonds, and commodities. The speculation phase was necessary, but now we're in the infrastructure phase—the boring, profitable phase that actually matters.

The best crypto investments now aren't in crypto—they're businesses using crypto infrastructure to do things better, faster, and cheaper than traditional finance.

Cartoon illustration of entrepreneur Elliott Nelson wearing glasses, a navy blazer, and a white shirt, smiling confidently against a light background — professional, minimalist style similar to soybrandon.com blog artwork.

The "Passion Portfolio" Era

This one's my favorite.

Wealthy investors are done pretending they only care about quarterly earnings. They're building portfolios full of stuff they actually like—bourbon barrels, vintage sneakers, rare guitars, fine wine, classic cars.

And the returns? Fine wine has averaged 13.6% annually over the last 15 years. Classic cars have returned 194% over the past decade. Rare whiskey has outperformed gold and equities.

Platforms like Rally, Vint, and CaskX let you fractionally own these assets starting at $50-$100. You don't need $200K to own a classic Ferrari anymore.

But here's the real value beyond returns: these assets tell a story. They're conversation starters. They connect you to culture and communities. When you own a barrel of Pappy Van Winkle, you're not just holding an investment—you're holding a piece of American whiskey heritage.

Compare that to owning 100 shares of $SPY.

One makes you money. The other makes you money and gives you something to care about. And in a world where attention is currency, owning cool shit actually compounds in ways that go beyond financial returns.

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Pre-IPO Plays: The Legal Insider Game

Everyone complains about the IPO drought. Meanwhile, savvy investors are quietly buying shares in late-stage unicorns before they go public.

Companies like Stripe, SpaceX, and Databricks are available through platforms like Linqto, Hiive, and EquityZen. You're essentially getting in before retail investors even hear the ticker symbol, buying at a discount to the last funding round.

This used to require deep connections and insider access. Now it requires an internet connection and $10K-$25K minimum depending on the platform.

Is it risky? Sure. Private equity is illiquid. But if you time it right, you're catching the growth curve at its steepest point—buying at a $50B valuation and selling at $100B when the company IPOs.

The democratization of private markets is one of the most underrated investing trends of the past decade.

Dirt, Water, and Other Unglamorous Gold Mines

In a world obsessed with virtual assets, the most tangible investments are making a comeback.

Farmland and water rights are pulling in serious capital. Not from hippies, but from hard-nosed investors who've realized that population's growing, climate volatility is increasing, arable land is finite, and food and water aren't optional.

Farmland has historically returned 10-12% annually with low volatility and negative correlation to stocks. It's inflation-resistant because food prices go up when everything else goes up.

Platforms like AcreTrader and FarmTogether let you invest in farmland with minimums around $10K-$15K. Bill Gates is now the largest private farmland owner in America. Why? Because the flashy investments get all the attention, but the boring investments make all the money.

The New Rule: Weird Is the New Diversified

We're past the era of passive portfolios. The modern investor is part economist, part tastemaker, part rebel—curating wealth the way others curate brands.

They're not just chasing returns; they're chasing relevance.

Public markets are efficient. Maybe too efficient. Every piece of information is instantly priced in by algorithms. Finding alpha there is like panning for gold in a riverbed that's been searched by a million people before you.

The real alpha? It's in the shadows. In markets that aren't on Bloomberg terminals. In assets that don't have ticker symbols yet.

Gary Vaynerchuk said it best at a recent summit: "Everyone in this room is one post away from things being different."

Apply that to investing: you're one position away from things being different. One well-placed private credit deal. One pre-IPO investment that 10x's. One collectible that catches fire with the culture.

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So What's the Move?

Look, I'm not saying abandon stocks entirely. I'm saying stop treating Wall Street like it's the only game in town.

If you're serious about building wealth in 2025 and beyond, start asking different questions:

  • Where's the attention actually flowing? Not where CNBC says, but where real money is moving.

  • What infrastructure does the future need? Power, data centers, chip manufacturing—picks-and-shovels plays.

  • What assets are scarce by design? Land, water, original art. Things that can't be printed into existence.

  • What can you own that tells a story? Investments you actually care about mean you'll stay informed and make better decisions.

The old playbook was: save for 40 years, invest in index funds, retire at 65.

The new playbook is: build multiple income streams, invest in asymmetric opportunities, leverage your unique knowledge, and design a life where work and wealth building are integrated.

Because the best investments don't just make money.

They make stories. They make connections. They position you at the intersection of culture and capital.

And in a world where everyone's watching, the story might be worth more than the ROI.

Wall Street isn't going anywhere. But its dominance? That's over.

The future of wealth building is more distributed, more democratic, and frankly, more interesting than it's ever been. You don't need insider connections anymore. You just need to be curious, ask better questions, and look where others aren't looking.

So take some risk. Buy things that excite you. Invest in infrastructure nobody's talking about yet. Own assets that exist in physical reality.

Because while everyone else is playing the same old game on Wall Street, the real money is being made everywhere else.

You in?


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5 Lessons Every Entrepreneur Can Apply Today

Let's make this practical. Here's what you can implement this week:

1. Start messy — and stop apologizing for it
You don't need a perfect plan. You need to move. Launch the imperfect website. Post the first video. Open the doors. Action creates clarity that thinking never will. Elliot didn't wait for perfect conditions on St. Patrick's Day — he just showed up.

2. Build culture before you build systems
Your culture is what you'll scale. If you build systems around a broken culture, you'll just scale dysfunction. Invest in your team. Define your values. Live them out loud. Then systematize what's working.

3. Tell your story often — like, really often
People buy from people. Share your journey. Your struggles. Your wins. Don't wait for it to be "perfect" or "complete." Your story is happening right now, and people want to be part of it. Post about it weekly, minimum.

4. Hire for alignment, not résumés
Elliot's COO didn't come for money — he came for mission. The right partner will save your sanity and multiply your impact. Look for people who believe in what you're building, not just people who can do the job. Skills can be taught. Values can't.

5. Make it about them — always
Your customers. Your team. Your community. The more you serve, the more you scale. Every decision, every product, every interaction should ask: "How does this serve the people who matter most?"

The Real Cost of Growth (And Why It's Worth It)

Let's talk about something Elliot lived through that nobody warns you about: growth is expensive — not just financially, but emotionally.

Twenty-seven locations didn't happen because Elliot got lucky. It happened because he was willing to pay the price:

  • Weekends doing forensic accounting instead of relaxing

  • Taking on debt when everyone told him to slow down

  • Betting on his community when others didn't see the vision

  • Admitting he needed help and bringing in a partner

  • Choosing the long game over quick wins

Growth requires investment. Sometimes that's money. Often it's time, energy, relationships, and comfort.

Your reflection: What price are you willing to pay for the business you say you want? Not theoretically — practically. Are you willing to work weekends for a season? Are you willing to invest in help before you think you can afford it? Are you willing to be uncomfortable?

Because that's where transformation happens.

From Debt to 27 Locations — What It Really Takes

Elliot's journey wasn't about luck. It wasn't about perfect timing or unlimited resources.

It was about:

  • Showing up when it was hard

  • Building systems when he was tired

  • Choosing community over shortcuts

  • Staying authentic even as he scaled

  • Never forgetting that business growth happens when you put people first

If you're reading this with a dream in your chest and doubt in your mind, here's what I need you to know:

It's not about how you start. It's about what you decide to build through the chaos.

That first day, hiding on a keg, drowning in overwhelm? That wasn't the end of Elliot's story. It was the beginning.

Your messy beginning is part of your story too. It's not evidence that you're not cut out for this. It's proof that you're in the arena, doing the thing, building something real.

You don't need perfect conditions. You need unshakable commitment.

You don't need to have it all figured out. You need to be willing to figure it out as you go.

You don't need to do it alone. You need to build the team that believes in what you're building.

Ready to build a business that lasts? Subscribe to the soybrandon.com newsletter for weekly strategies on leadership, growth, and building something that matters.

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From Debt to 27 Locations: What Elliot Nelson Teaches Us About Building a Restaurant Empire (and Any Business)