A year like no other requires the ongoing assessment of the rapidly evolving investment landscape. Next week offers two opportunities for you to interact with professionals who are well-positioned to provide key insights into the current and future potential impacts of the COVID pandemic on your real estate investments.
Applying Timeless Principles From Past Real Estate Rodeos
Owners with heavy leverage have now entered the beginning of a massive, real-life stress test. While only some will pass the test, all will obtain an education.
Real estate investing is like alpine climbing: you don’t want to be in an exposed position when the conditions hit the fan. Contrary to the old adage, location might not be your most critical investment variable.
Part 2 – “Once Starbucks enters the neighborhood, it’s already too late.” Differentiating between lagging and leading indicators of neighborhood transition.
Part 3 – Human Behavior & Market Cycles Are we really rational about our investments? Really? Understand the basis of your success so you repeat the right behaviors and avoid costly traps. How to prepare yourself for opportunity by studying past speculative bubbles
Nassim Taleb, the author of the mega-best sellers The Black Swan and Fooled By Randomness, continues to strike gold. Antifragile: Things That Gain From Disorder might just change your view of the world. Taleb’s thesis is that, “In a world that constantly throws big, unexpected events our way, we must learn to benefit from disorder.”