Serious investment thinking that doesn’t take itself too seriously.
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 choice before Americans is perhaps the most binary for generations—Goldwater v Johnson in 1964? Carter v Reagan in 1980?...
Gold is immutable and permanent. It is exactly as it was when the solar system was formed billions of years ago. It does not change. It doesn’t corrode, it does not tarnish....
Since the time of Noah, demographics has always been a friend of real estate. The English economist Malthus made a name for himself by postulating that while food supplies grow...
Presidential campaign donations are subject to diminishing marginal returns Donations are rightly regarded as an important factor in a presidential election. They’re how...
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” Markets are watching Commercial Real Estate, nervous the sector may...
Since the start of 2024, numerous well-known restaurant chains have announced sizable closures and incrementally more drastic restructuring efforts. TGI Fridays has closed...
Can a fractional ownership model help renters become owners? Homeownership is stuck. Persistently high rates have both locked renters out of the market and prevented existing...
Data science and generative AI offer significant gains in commercial real estate. Yet, valuable innovations don't always translate to business advantages. Resistance to new...
Income returns are remarkably steady and predictable, and forecasts of rental growth are often reasonably accurate as they are founded in the physical world of supply and demand....
As a professor, I have probably spent a full decade of my life in the classroom trying to explain the concept, the detail, the assumptions and the need for market anchoring in...