CIGARS, WHISKEY & CAPITAL JOURNAL

Disciplined Thinking. Enduring Capital.

Cigars, Whiskey & Capital is Blue Bay Fund’s investment journal and perspective on alternative investment solutions. A place where disciplined private credit, leadership-driven wealth strategy, and long-term capital stewardship meet the mindset of serious investors.

01
Alternative Investment Perspective

02
Private Credit & Income

03
Capital Stewardship & Risk

Investing Edwin D Epperson III Investing Edwin D Epperson III

Investment Consideration 1: Capital Stack

Debt is also very well known by every investor. Most investors see debt as a way to leverage their existing equity. For example, if an investor has $1,000,000 in equity, they could generally leverage that equity 4x. So, in this case, someone could get a loan for $4,000,000, put down their $1M, and buy a $5M property. Simplistic, but the point is made.

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