Demand for commercial and residential real estate in the developing world is exploding as an estimated one billion people move to cities over the next decade. This new “consuming class” could contribute $20 trillion a year to the global economy, according to McKinsey. A major beneficiary is expected to be the real estate industry. This week’s guests say global real estate is a huge investment opportunity overlooked by the vast majority of individual investors. Jason Wolf, who works for deep value investment legend, Marty Whitman, is the Co-Lead Portfolio Manager of the top performing Third Avenue Real Estate Value Fund. Gregg Fisher is the Founder and Chief Investment Officer of Gerstein Fisher, named one of Barron’s Top 100 Financial Advisors. These two have very different approaches to real estate investing, but agree that it should be part of everyone’s long-term, diversified portfolio.
Third Avenue on Massive Opportunity in CRE embedded below
Fastenal: Why Being Cheap Works As a Business Strategy
Fastenal is one of the best-performing stocks of the past decade. Since the beginning of January 2010, shares in the industrial distribution company have yielded an average annual return of 16%, turning every $10,000 invested into $44,264. Q2 2020 hedge fund letters, conferences and more In many ways, Fastenal is not the sort of business Read More