Serious investment thinking that doesn’t take itself too seriously.
"Is New York okay?" That was the refrain I heard repeatedly on a recent trip back to London. Perceptions of New York have become profoundly negative in the wake of COVID-19;...
Originally published May 2023. Many use experience and expertise interchangeably, but they are different. While experience comes from exposure to a particular field, expertise...
Originally published April 2023. In one of financial history's key observations, Howard Marks warns, "we must never forget about the inevitability of cycles. Ignoring cycles and...
The adaptation to hybrid work continues to shape the modern workplace. Business leaders often hope their teams will spend more time in the office. But they may need to fully...
The core investor’s playbook. Who would want to invest in an opportunity that was more likely to fail than succeed? In most fields of investing, including real estate, the answer...
Real estate is a relationship business. It is sometimes an ego business. And it is often an emotional business. So making the case that data-driven analysis should drive...