Midwest Single Family Office Investor Mandate Interview - Technology, Oil Mineral Rights Investments

TL;DR

Richard Wilson discusses his family's single family office, their investment strategies, and their focus on technology and entertainment sectors.

Transcript

closest richard wilson at the family office club with an investor mandate interview with fourth of the family office welcome for it alright how are you Richard great well thanks for joining us here today yeah it's great thank you so much for having me sure and what type of an investment organization are you are I obviously jump the gun by saying th... Read More

Key Insights

• 😄 Richard Wilson's family office has a long history in the oil industry, and they see opportunities in buying mineral interests and leases at low prices.
• 🦔 They focus on bleeding-edge technology and disruptive sectors, aiming to stay ahead of the curve.
• 🧑‍💼 The family office is involved in the cannabis retail market, both in dispensaries and the wholesale market.

Questions & Answers

Q: How active is Richard Wilson's family office in the oil industry?

Richard highlights that, despite the current low oil prices, they see potential in buying mineral interests and leases as a long-term investment opportunity.

Q: What is the investment mandate and focus of Richard Wilson's family office?

The family office aims to stay at the forefront of technology and disruptive sectors. They discuss and anticipate the next big thing, investing in sectors that are not yet mainstream.

Q: What is their approach to retail investments?

Richard's family office is involved in the cannabis retail market, developing dispensaries and exploring opportunities in the wholesale market. They believe in being ahead of the curve and are venturing into essential and recession-proof businesses.

Q: What is their outlook on the entertainment industry and film funding?

Richard shares his passion for the entertainment industry and advises investors to seek opportunities in the entertainment industry, focusing on well-established professionals and getting involved in the studio system rather than independent films.

Summary & Key Takeaways

• Richard Wilson's family office has been in operation for five generations, starting with the oil industry in the 1920s.

• They invest in bleeding-edge technology and disruptive sectors, aiming to stay ahead of the curve.

• They have invested in carbon-based nanotubes, graphite mines, and are now exploring opportunities in the hemp and cannabis industries.