It’s time to catch up with the rapid changes in the San Diego County apartment market. We are running the event in-person this year. It would be wonderful to see […]
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
Part 2 – Without an understanding of the concepts in these first two books, your ship is sunk before you even leave the dock. They teach a simple story that most people miss, and as a result, spend the bulk of their lives working for money.
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.”