Serious investment thinking that doesn’t take itself too seriously.
The latest thoughts from the buy side of real estate investment
One of the great things about most real estate is the relative predictability of cashflows and rental growth due to multi-year contracts (and the importance of the physical property to the tenant and frictional costs of relocating). The lower cashflow volatility means real estate is considered as...
Sometimes it feels that waiting for the capital market recovery is like waiting for Arsenal to win the League. Each of the last two seasons we have started with high hopes in our...
“Men don’t care what’s on TV. They only care what else is on TV.” — Jerry Seinfeld N.S. Lyons is a popular essayist in the “national conservative” tradition. His...
Underestimate a man like this at your peril. I’m writing a longer post, but it’s taking two days, so in the meantime, here is one of the more absurd statements I’ve seen...
Since the UK General Election, I have been encouraged by the ambition for more devolved decision-making. What I am being told is that the combined regional authorities will not...
Something’s happened in the world of music; it is now almost impossible for new artists to build visual recognition and their brands. The reason is simple: TikTok, and its...
Among the complaints raised by British farmers parking their tractors in Whitehall to protest at the Chancellor’s plan to reduce APR (Agricultural Property Relief, the 100%...
“Cricket is baseball for people with brains”, the contrarian cricket enthusiast, Piers Morgan, told viewers and listeners to the US Cricket Daily, the world's first and only...
By the end of 2024, around 1.5 billion people will have headed to the polls to vote at elections across 50 different countries. But, arguably, the most important is to come. The...
Family offices and institutional investors are programmed to ignore cold emails. And it’s not because they’re mean or don’t like your deal. It’s because they can’t...