Show Notes
Tony Robbins says the old investor playbook is changing.
For decades, many investors were told to build wealth through public stocks and bonds. But Tony believes some of the biggest opportunities may sit outside the traditional market, in private equity, private credit, sports ownership, and other alternative investments that were once harder for individual investors to access.
On this episode of The Important Part, Tony joins Liz Thomas alongside Christopher Zook, Founder and Chief Investment Officer of CAZ Investments, for a conversation about what it means to become an owner and why access to private markets is changing. Tony and Christopher also share their perspectives on what investors need to understand before stepping into a less familiar part of the market.
This is not a conversation about chasing the next hot trade. Liz presses Tony and Christopher on the real tradeoffs behind alternative investments, including limited liquidity, higher fees, lockups, and why access does not automatically mean an investment belongs in every portfolio.
Tony and Christopher also discuss The Holy Grail of Investing, their book about alternative investments and private-market access, and why they updated it now as AI, energy, defense, and space reshape the investment landscape.
The Important Part: Investing with Liz Thomas is a video podcast covering investing, markets, economic trends, portfolio strategy, and the biggest stories shaping investors today.
About SoFi®: A finance company that could help you get ahead. Get Your Money Right® with SoFi.
Additional resources:
On The Money: Sign up for SoFi's newsletter for intel, insights, and inspo to help you get your money right.
Investing 101 Center: At SoFi, we believe investing is for everyone — which is why we’ve created a hub with info for beginners and experts alike. Start exploring to get investment education, advice, resources, and more.
Wealth Investing Guide: Information you need to know to make your money work harder for you.
This podcast should be used for informational purposes only and not deemed as a recommendation. Our Automated investing is via SoFi Wealth LLC, and is a registered investment advisor. Our Active investing is via SoFi securities LLC, member FINRA/SIPC. For additional disclosures related to the SoFi Invest® platforms, please visit www. SoFi.com/Legal.
©2026 Social Finance, Inc. All Rights Reserved.
More from The Important Part: Investing with Liz Thomas
The American Dream used to feel within reach. But with rising housing costs and an uncertain job market, younger generations are questioning what financial success looks like and whether the traditional path still makes sense.
How does your relationship with risk affect the way you invest? Emma Grede and investor Rebecca Patterson join Liz Thomas to talk about money, risk-taking, and the experiences that shape the investors we become.
Artificial intelligence is changing cybersecurity on both sides of the fight.
Retirement planning can feel intimidating, whether you’re decades away or getting ready to make the transition. Jean Chatzky wants to make it feel a little more manageable.
Midterms are approaching, bringing questions about what the outcome could mean for policy and investors.