Everything Else

Since the beginning, we’ve been dedicated to analyzing unique investment ideas. And boy, there is simply a ton of interesting stuff to collect, invest, and put your money into.

We take alts very seriously, but we also like to have some fun. While the offbeat stuff doesn’t necessarily give the best returns (or even hold its value particularly well) it’s fascinating to learn more about the world of options out there.

Recently Published

Álvaro López​

Altea Update: May 11

This week’s Altea Community spotlights new SPVs spanning Spanish multifamily, persimmon farmland, and rare earths, while expanding member incentives through a revamped affiliate program.

Puig Campana

Let’s climb a mountain

Today’s a bit more personal and possibly a bit hopeful. We’re talking about cancer. What’s getting better, what’s getting worse, and what you can do today to make a small difference.

Investor trip to Japan

Altea Update: May 4

This week’s Alts Community tracks Altea’s shift to open access investing, explaining why membership barriers are dropping and what it means for deal flow, fees, and investor participation.

Film bridge lending

Altea Update: Apr 20

This week’s Alts Community highlights the launch of a film lending investor portal, expands access to deal-by-deal credit opportunities, and outlines what it means for accredited investors.

tequila tasting and masterclass

Altea Update: Apr 6

This week’s Alts Community update tracks a new women’s volleyball SPV opening to members, expanding IRA access, and mounting concerns around FranShares’ shutdown and investor fallout.

Black swans

Let’s identify some Black Swans

This week, we track emerging black swan scenarios tied to the administration’s unconventional playbook, and map how these risks could reprice assets, markets, and global capital flows.

Ontake Distillery​

Altea Update: Mar 30

This week’s Alts Community highlights Whisky I closing and early execution, alongside active member discussions and niche deal flow, mapping sentiment, opportunities, and emerging trends across alternative investing.

card shows

How to ruin a hobby

Today we have a fun guest post from our friend Michael from ​MoneyLemma. Michael is a hedge fund analyst who delves into pressing, quirky, unanswered questions in the overlaps between money and society. In this issue, Michael gives his take on the world of card collecting.

Let’s psychoanalyze Trump

This week, we analyze the administration’s revealed preferences amid escalating geopolitical conflict, explaining how tariffs, resource policy, and strategic unpredictability are reshaping markets and investor positioning.

Film bridge lending

Altea Update: Mar 23

This week’s Alts Community highlights Whisky I commitments, a new film bridge lending course, and global meetups, mapping how members are deploying capital, learning new strategies, and sourcing opportunities.

IRR as a speedometer

IRR is (kinda) lying to you

Today, we’re revisiting IRR, unpacking how its assumptions and timing quirks distort returns, and breaking down what it really tells investors about performance, incentives, and realized outcomes.

What you get

Exotic market research
We study esoteric alternative investment markets and show you what’s interesting. We research stuff you never even knew existed.
Modern alt indexes

We create indices for eclectic modern alts. We’ve got a vinyl index, a whiskey index, and more. This helps us find the best buying opportunities for our alternative investment fund

Outlook and Risks

We wrap everything up with a rich qualitative analysis. You’ll understand the pros & cons of investing in all sorts of alternative asset classes.

Testimonials

Alice Wilson
Alice Wilson
Founder at Alternative Asset Content Marketing
You have the best alts newsletter in the known universe. I am tipping my hat at you from across the pond in the UK :)
John Nikolaou
John Nikolaou
Emerging Markets Investment and PR Advisor
Thanks again for your ​feature on DXYZ​! I invested and paid for my entire Spain vacation, as it cruised to the mid $90s from going public around $8-10/share. That's the kind of tax problem I like to have."
Morgan Keim
Morgan Keim
Managing Director of Ocean Ridge Capital
I read your emails pretty religiously. Your issue on investing in tax liens is one of my absolute favorites. Great coverage for an otherwise totally grey area that seems to have little mindshare within the broader REI community.
Jessica Farrimond
Jessica Farrimond
Senior Performance Consultant, Crypto Enthusiast
Alts brings me unique investment opportunities and insights that I wouldn’t have known about otherwise. For me, it’s a simple and enjoyable way to stay informed on financial topics that are way outside of the mainstream news sources.
Benjamin Hoffman
Benjamin Hoffman
Co-founder at GrandCruCapital.com
Alts is the only email newsletter I've read from start to finish from day one. The effort that Stefan & Wyatt provide is the next-level analysis you've been waiting for. They break down each asset in detail, metric by metric, and serve it up in a brief email with graphics and links.
Valentine Watkins
Valentine Watkins
Content Designer at Afterpay
Absolute must-read every time it hits my inbox. Stefan and Wyatt are web wizards, appraising assets using a mixture of arcane product knowledge, SEO sorcery and metrics magic. They lift a veil shrouding the Internet to show its secret world of investment opportunities.
Sourabh Soni
Sourabh Soni
Software Engineer, Cisco
Brilliant writing. I'm not usually a long form reader, but I read your articles almost all the time in one go. Thanks for such interesting writing.
Dominic Wells
Dominic Wells
Founder, Onfolio
I've recently discovered the Alts newsletter, and am enjoying it. They don't strictly focus on digital assets, which actually helps it keep it more unique in my opinion.