Chapter
Investing in Real Estate Partnerships and Funds
The speaker suggests spending time understanding a potential real estate investment and the sponsor's approach rather than investing in a fund, and notes that using jargon and cliches may indicate a lack of experience. They also highlight the benefits of investing in local real estate partnerships and hedge fund partnerships run by the best teams globally.
Clips
The key to investing in real estate partnerships is to spend time understanding the investment opportunity and the sponsor's approach rather than investing in a fund.
33:47 - 40:20 (06:33)
Summary
The key to investing in real estate partnerships is to spend time understanding the investment opportunity and the sponsor's approach rather than investing in a fund. Mastering the language of a field is a sign of achieving mastery but a lot of jargon and cliches may indicate the need for another apprenticeship phase.