Invest Well, Be Well

Darol Ryan - Wise Investing and Alternative Income Strategies

Episode Summary

A podcast for wiser investing and stronger living. Success in the markets and in life requires sound investments — in our portfolios and our personal wellness. A weekly show, Invest Well, Be Well explores the principles of long-term investing, behavioral finance and peak performance with top-performing investment professionals and cross-industry leaders. Hosted by investment executive Rusty Vanneman and seasoned journalist Robyn Murray, each episode offers practical strategies for building wealth and prioritizing well-being, so you can make better decisions, grow your resilience and elevate your life. In this episode, we spoke with Darol Ryan, Managing Partner at Main Management. Darol Ryan joined Main Management in 2019, overseeing the Institutional Advisor business. Prior to joining Main Management, he enjoyed a long career at some of the largest investment banks on Wall Street including Bank of America and JP Morgan. He ran the Derivatives Import Business for Morgan Stanley (focusing much time on European clients) from New York and then went on to run Asia Derivatives for them in Hong Kong. Darol started his career with Kim Arthur in 2001 at Banc of America Securities. Born in Houston, Texas, Darol received his Bachelor of Arts at University of California at Berkeley while also taking Mandarin courses at Middlebury College. He also attended summer programs at Stanford and Oxford.

Episode Notes

Tune in to hear:

In this episode, we discuss Darol’s career, how alternative income funds with option overlays fit into long-term investment plans, common misconceptions about options strategies and day-to-day routines that will help you stay grounded.

When it comes to investment management firms, why does Darol think culture is so important?
What does Darol believe are the key principles of wise, long-term investing?
How does Darol keep investors focused on the big picture, rather than all the little, daily distractions?
How do alternative income funds using option overlays fit into wise, long-term investment plans?
A lot of people, when they hear the word options, think of high-risk investments. Are they too high-risk or are there exceptions?
A lot of people think of options as overly complicated and that you need “an army” to manage these strategies. How would Darol rebut that?
How would Darol reply to those who think these types of strategies are too expensive?
Are options strategies tax inefficient or how would Darol answer this reservation that some have?
If an alternative income fund does make sense for an investor in their long-term portfolio, what should they look for in these types of strategies?
How does Darol manage his time and energy to be able to perform at such a high level?
What are some day-to-day routines Darol has to stay grounded?
If Darol could leave listeners just one piece of wisdom on investing well and living well, what would it be?

Quotes

“I think…bringing people into the partnership and having skin in the game, on the investment side, creates a better outcome for clients and I think they really appreciate it. So yes, culture is important, but you gotta put some real meat on it I think and bring people into the partnership.” - [02:20] Darol Ryan

“Investors…should have a financial advisor to help them, so they can focus on what’s important to them, and so you get away from the distractions, you get away from selling at the bottom in the market etc. You want to bring people into your life that can help you make those decisions, even if you got to pay up for it, you’ll have better long-term outcomes.” - [06:11] Darol Ryan

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