About Ryan Griggs
Ryan Griggs is the Chief Executive Officer of Griggs Capital Stategies (GCS). Though he is from sunny Redlands, CA, he currently lives in Fort Worth, TX. Ryan enjoys an active lifestyle of yoga, has served as a Court Appointed Special Advocate (CASA) for kids removed from their homes by CPS, and is an active researcher in Austrian Economics and the life insurance industry.
Ryan earned his Bachelor’s and Master’s degrees in Economics in 2015 and 2016, respectively. He attended Texas Tech University’s Ph.D. program in Agricultural and Applied Economics in the 2016-2017 academic year with full funding from and a Research Assistant appointment with the Free Market Institute. Despite his successful performance, Ryan shifted his focus from a primarily academic career to a mission-driven, entrepreneurial lifestyle, and he withdrew from the program in September 2017. Ryan started the predecessor to GCS, Fortune Paradigm, in October 2017 after graduating from the Nelson Nash Institute’s Practitioner Program, which trains financial professionals in the Infinite Banking Concept and Austrian Economics.
One benefit of the NNI Practitioner’s Program is a mentorship-partnership with a previously established IBC Practitioner. Ryan is extremely honored to be mentored by and partner with James C. Neathery of bankingwithlife.com. James is a direct intellectual heir to Nelson Nash and embodies his spirit and historical knowledge. Together, Ryan and James co-host the Banking with Life podcast and produced the first, made-for-YouTube, full-length book review of Nash’s Becoming Your Own Banker.
Ryan maintains active, passionate research interests in Austrian Economics. In the first quarter of 2019, Ryan initiated discussions with University Francisco Marroquin (UFM), a privately-funded, four-year university in Guatemala City, Guatemala. Through UFM, he will enroll in one of the, if not the only, PhD programs in Austrian Economics in the world on a remote (digital) basis under the supervision of renown Austrian Economist, and NNI co-founder Dr. Robert P. Murphy. In his dissertation, Ryan intends to integrate a theory of “Austrian Finance” with Austrian Economics in the Menger-Mises-Rothbard tradition and to use this new, positive theory to analyze the assumptions and quantitative models of modern Financial Economics.
Part of this research involves a reappraisal of what is typically thought of as “capital” in Austrian Capital Theory. Whereas the prevailing view of capital considers it as physical and therefore heterogeneous, a virtually-unknown 1888 article by Austrian School founder Carl Menger reveals that it is, in fact, monetary and therefore homogeneous. This conceptual shift is the key to integrating Austrian Economics with what may be considered a theory of “Austrian Finance.” It could lead to a full Austrian approach to company and asset valuation, likely along the lines of Joel Stern’s concept known as Economic Value Added.
The beautiful thing is that, like Austrian Economics, Austrian Finance is eminently practical. Ryan’s passion is to integrate all these ideas and train individuals to understand and apply them in their own lives. This is fundamentally what the Infinite Banking Concept is: applying Austrian Economics in order to optimally build and deploy capital. This approach transforms the individual’s experience with money and finance. He goes from dependent on conventional lenders to financially autonomous. Instead of exposing his nest egg — his future passive income for later life — to the volatile business cycle through the stock market, he secures it behind legal and mathematical guarantees against loss. Whereas the 99% expose their capital to the risk of total loss under the Fractional Reserve Banking (FRB) system, he stores it in legally-shielded private property. The level of integration is aesthetically attractive to boot — from the philosophical, to the economic, to the financial; from the global, to the national, to the individual.
Most importantly, Ryan is a publicly-confessed follower of Jesus Christ. He was baptized at Hillside Christian Church in Lubbock, TX in October 2017.
Depending on the time of day and his workload, Ryan can be found in a meeting, at a coffee shop or wine bar, often with a small stack of non-fiction books, his journal, and the requisite beverage. Unless he’s fasting. Then it’s salt-water all day.
If anything here has spoken to you, consider getting in touch with Ryan to share your own story.
May God bless you.