Who This Is For

You have a broker. You have an account. You deserve better than you're getting.

01

Your account sits in the high six to low seven figures — the most underserved segment in wealth management. Too small for your broker's real attention. Too large to ignore mediocre advice.

02

You're paying for a service and not seeing the results. Your portfolio underperforms in good markets and doesn't protect you in bad ones. Your broker calls when they have something to sell.

03

You don't want to trade every day. But you want to understand what's happening, why your money is positioned the way it is, and whether your advisor's decisions make sense.

04

You want a trusted second opinion — not another salesperson. Someone who shows their work, publishes real positions in a real account, and can be held accountable.

How It Works

See exactly how Andy and Nick think about markets.

Watch the intro — where we came from, how the portfolios are run, and what you get every week.

Every Week

Five questions. Twenty minutes. Specific enough to act on.

01

What happened last week — and did it change how we think about asset allocation?

02

Are we making portfolio changes — and if so, exactly why?

03

What are the key risks and opportunities in the week ahead?

04

Are there directional alpha opportunities worth sizing into right now?

05

Should we use options to generate return or reduce volatility — and if so, how?

Choose Your Program

Two live portfolios. One decision.

All positions published to IBRK in real time. No hypotheticals.

Tier 01

Original

$250k portfolio — Jan 2023

$100/ month

or $1,000 / year — save 2 months

  • Weekly video — macro background & reasoning
  • Long only, 20–80% equity allocation
  • No leverage
  • Minimal options strategies
  • Market timing
  • Email updates
  • Curated research from top investment houses
  • Weekly broker statement & Excel — allocations & performance
Learn More

Tier 02

Squared

$1M portfolio — Sep 2024

$185/ month

or $1,850 / year — save 2 months

  • Weekly video — macro background & reasoning
  • Long only, no min/max allocation constraints
  • Up to 2.5× leverage when appropriate
  • Advanced options strategies
  • Market timing
  • Bulletin board — orders, commentary & email updates
  • Curated research from top investment houses
  • Your questions answered directly
  • Weekly broker statement & Excel — allocations & performance
Learn More

Tier 03

Total

Both programs — full access

$225/ month

or $2,250 / year — save $450

  • Everything in Original
  • Everything in Squared
  • Complete access to both live portfolios
  • Best value if you want the full picture
Learn More

We are not your financial advisor.
We make you a better client of the one you have.

75+ years of combined experience. Real money. Real positions. Published every week.

Join Below ↓

Learn more about your investments today.

Join 2 Gray Beards!

You have an investment account with a wealth manager in the high 6 figures to high 7 figures. It should be noted this is the most underserved category: highest relative fees and worst timely advice. 
You are just too small for your broker to devote much time to you or your portfolio. Undoubtedly, you are saving for a comfortable retirement. Maybe you are already retired. Importantly, you pay high fees to your broker for their service, yet you see that their advice regularly underperforms the markets on the upside, while the volatility of your returns on the downside is never minimized during difficult market conditions, as you would wish and were promised when you opened your account. 
Nevertheless you feel you need a second opinion about the investment decisions that are made for you. You do not wish to trade every day or even week, but you wish to be kept abreast of market conditions and you definitely wish to be told when your hard-earned money is at risk and WHY. 
Moreover, you are conservative in your investment philosophy, and you do not wish to take an aggressive risk, and you wish to minimize the volatility of your returns, but you are not averse to assuming reasoned risk when the opportunity arises. Apart from this you are investing for the long term but that does not mean that you wish to sit on dead money for years because of bad or tardy decisions that were made for you.
We will provide you with, research to help you understand the unusual economic climate of today, education about how professional investors navigate markets, and the right questions to ask your financial advisor about your own personal situation and your investments in the context of today’s landscape. We are not your financial advisor, our goal is to improve the quality of your conversations with your financial advisor to improve your investment outcomes and be taken seriously by your advisor regardless of the size of your account. You deserve value for the fees charged by your advisor and we seek to help you get that value.
Each week we will discuss:
  1. What happened in the markets last week? Did anything happen that modified our thinking about
    the appropriate asset allocation of our portfolios (beta generation)?
  2. If so, what changes are we making and why?
  3. What are the dangers/opportunities over the course of next week?
  4. Are there any directional opportunities that we currently see (alpha generation)?
  5. Do we want to overlay with options in any of our portfolios to either generate an extra return or reduce risk and volatility of return?
All of this in 20 minutes or less. Absolutely we know that time is your most precious resource and we want to waste none of it. No interminable discussions. All to the point with specific levels and orders input into a real brokerage account at IBRK, so you can follow the actual performance in real time.
Unquestionably our aim is to make this podcast your trusted “second opinion” resource. You know what your broker or wealth advisor is telling you. But is that what the market is trading on, or do you already have discounted information? Is your account keeping up with benchmark performance or do you constantly underperform? If so, follow our weekly discussions to understand the real mathematics behind the current markets.
Please watch the video below to see how we got here, our current model portfolio, and why. And how we aim to help you realize your investment aims in the future.
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2 Gray Beards Original

  • $250k portfolio, started January 2023
  • Weekly Video of macro background and reasoning
  • Long only, minimum allocation to equities 20%, maximum 80%
  • No Leverage
  • Minimal Use of Options Strategies
  • Market Timing
  • Email Updates
  • Access to curated research from top investment houses
  • Weekly Broker Statement and Excel file with % allocations and performance
Click Here

2 gray Beards Squared

  • $1m portfolio, started September 2024
  • Weekly video discussion of macro background and reasoning
  • Long only, no minimum or maximum allocations to any asset class
  • Maximum leverage 2.5x on total portfolio basis, only when appropriate
  • More complex options strategies
  • Market timing
  • Bulletin board access for orders and comments, in addition to email updates
  • Access to curated research from top investment houses
  • Your questions answered
  • Weekly broker statement and Excel file with % allocations and performance
Click Here

2 Gray Beards Total

  • All features, access to both programs
Click Here

2 Gray Beards Original

  • $250k portfolio, started January 2023
  • Weekly Video of macro background and reasoning
  • Long only, minimum allocation to equities 20%, maximum 80%
  • No Leverage
  • Minimal Use of Options Strategies
  • Market Timing
  • Email Updates
  • Access to curated research from top investment houses
  • Weekly Broker Statement and Excel file with % allocations and performance
Click Here

2 gray Beards Squared

  • $1m portfolio, started September 2024
  • Weekly video discussion of macro background and reasoning
  • Long only, no minimum or maximum allocations to any asset class
  • Maximum leverage 2.5x on total portfolio basis, only when appropriate
  • More complex options strategies
  • Market timing
  • Bulletin board access for orders and comments, in addition to email updates
  • Access to curated research from top investment houses
  • Your questions answered
  • Weekly broker statement and Excel file with % allocations and performance
Click Here

2 Gray Beards Total

  • All features, access to both programs
Click Here

Join 2 Gray Beards

  • Select Your Subscription Plan

    Become a 2 gray beards member and receive 42 Podcasts a year and access to all changes in the 2 Gray Beards Portfolio.
    Become a 2 gray beards member and receive 42 Podcasts a year and access to all changes in the 2 Gray Beards Portfolio.
    Gain Access to 2 Gray Beards Squared 1,000,000 dollar live portfolio.
    Gain Access to the 2 Gray Beards $1,000,000 Real Money Portfolio. Signing up for a yearly subscription gives you 2 months for free.
    With this subscription you will have access to both 2 Gray Beards Original and 2 Gray Beards Squared.
    Gain Access to both 2 Gray Beards and 2 Gray Beards Square on a yearly basis. By signing up for an annual subscription you will save $450
    You have selected a Group Membership. After a successful payment you will be able to invite up to %s additional members.

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We will do approx. 42 videos per year. Videos will typically be posted on Saturdays. In extreme market circumstances we will do an Emergency Video, but only if we think it is of exceptional importance and the information cannot wait for a regular Saturday video. Every time a video is posted, you will receive an email advising you.

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