When it comes to ambitious investing, many people make the mistake of chasing glory and fame — at the expense of sound judgment and real financial results. But not Ira Lubert, chairman and co-founder of Independence Capital Partners and Lubert Adler Partners, and the guest on our latest episode of Onward. Ira has instead spent decades content to stay out of the limelight, while architecting a family of funds now worth roughly $50B.

Ira’s activities in real estate, equity in tech and health care, life sciences, debt funds, small business finance, hedge funds, hotel management, and more, have contributed to the vast portfolio that has steadily accumulated and grown under his stewardship for years. As Ira tells Fundrise CEO Ben Miller, his success comes from several key factors, including his capacity to be an entrepreneurial investor, along with a willingness to be a contrarian, despite what may appear easy or trendy.

In addition, Ira repeatedly advocates for each investor to understand their own strengths and weaknesses, and then to fill any shortcoming by connecting with partners capable of doing great, complementary work. After all, taking a smaller share of a hugely successful venture is better than a large share of an investment that goes nowhere at all. Join Ben and Ira as they discuss more of Ira’s key insights from his professional experience, including the importance of having extremely flexible timelines, when to deploy capital, balancing equity and debt, and more.

All this in the latest episode of Onward, anywhere that you listen to podcasts.