Episode Summary
Neal sits down with Dr. Adam Link, founder of Fireweed Capital and a recovering engineer who spent a decade in tech — including six years at Coinbase through its IPO — before becoming a financial planner for founders and tech professionals. Adam makes the case that diversification is overrated, that concentration is how wealth actually gets built, and that the real skill is knowing where conviction ends and wipeout risk begins. They get into why you can’t “test your finances in prod,” how AI quietly forgot a 37% tax bill, and why the era of the low-skilled generalist is ending. Plus the best tacos in Duluth, Minnesota — trailhead included.
Key Topics
Why diversification is overrated for founders
Concentration as the real path to wealth
Keeping your portfolio uncorrelated with your business
The line between conviction and wipeout risk
You can’t test your finances in prod
Where AI breaks down in wealth management
Angel investing vs. founder charity
Why specialists beat generalists in the AI era
Links & Resources
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