Serious investment thinking that doesn’t take itself too seriously.
Generally I am only a modest believer in the role of sentiment in foreign affairs. Things like pride, hurt feelings, etc can make a difference (more than realists understand, for sure), but their long term impact is usually small. As such, short term emotional reactions to specific events are...
A real estate developer who builds customized medical offices and life science labs for the world's most powerful Big Pharma/biotech start-ups at a time when AI will transform...
More join the "healthcare is the jobmaker" chorus, but there's more than just 'told you so'. healthcare jobs replaced all the manufacturing jobs (much to the benefit of women and...
Exploring the attempts to build new cities around the globe, warts and all. Building a new city is the loftiest, craziest, and most ambitious real estate project...
Water rights are key to the American West. What are they, how do they work, and where might there be investment opportunities? “I really think this emotional charge that we all...
More thoughts on a great civilization at its peak. “We are amazed, but not amused” — Stevie Wonder The 20th century had a bunch of rising powers that all reached their peaks in...
Buy low, sell high? It’s that simple, right? Of course, we know that it isn’t. But there are some simple heuristics that investors use when deciding whether to invest into real...
And that's unfortunate, because the alternative is much worse. ADP blames soft jobs on “uncertainty,” but the data mostly says otherwise slow hiring is the trend, not a sudden...
Ask any real estate investment manager about their main drivers of long-term performance, and they will likely present their Megatrends overview, though it may go by a...
Throughout my career analysing real estate markets, I've observed how technological shifts create both disruption and opportunity. Ten years ago, real estate investors urgently...