Welcome back to Season 2, Episode 7 of What the Wealthy Do.

In this episode, Stephanie Dorsey, CEO and Co-Founder of Margins Capital, breaks down two asset classes that may sound boring — but quietly generate billions for wealthy investors:

Infrastructure and Natural Resources.

While the public is chasing the latest tech or AI stock, ultra-high-net-worth investors are buying the systems that keep the world running — toll roads, power plants, pipelines, data centers, copper mines, farmland, and energy infrastructure.

These are the investments that produce predictable cash flow, inflation protection, and multi-decade wealth.

In this episode we break down:

• What infrastructure investments actually are• Natural resources and commodity-based investing• How wealthy investors generate long-term cash flow from essential assets• Why infrastructure often acts as an inflation hedge• The role of utilities, energy systems, transportation, and metals in global markets• Different ways investors can access these asset classes• The risks, long timelines, and capital requirements involved

This episode is part of our Alternative Investment Series, where we unpack how wealthy investors diversify beyond traditional stocks and bonds.

Because wealth isn’t built chasing hype.

It’s built by owning the systems the world depends on.

Subscribe for more conversations about private markets, alternative investments, generational wealth, and financial strategy in the United States.

🔗 Check out the High Earner Tax Playbook here: www.whatthewealthydo.com