Elevate welcomes a special guest, Peter Boockvar, one of the greatest minds in finance. Get ready to gain insights into how you can read the current economic landscape, identify opportunities, and mitigate risks as an investor. This discussion is filled with actionable wisdom that will elevate your mindset and boost your performance.
✅KEY POINTS✅
✅ The current economic landscape is being heavily influenced by the sharp rise in interest rates.
✅ There are headwinds across all asset classes in terms of interest rates and insurance costs impacting net operating income.
✅ Insurance costs for real estate properties have skyrocketed
✅ Downturns present great opportunities for those with capital but can be detrimental for those with too much leverage.
✅ End of the "grand monetary experiment" and the transition to a more normalized economic situation with higher interest rates.
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FIND PETER Bleakley https://www.bleakley.com/
The Boock Report https://boockreport.com/
Twitter https://twitter.com/pboockvar
Facebook https://www.facebook.com/profile.php?id=100094052975744
LinkedIn https://www.linkedin.com/in/peter-boockvar-9856945/
NAMES AND BOOKS
Peter Boockvar “The Boock Report” https://peterboockvar.substack.com/
Edward Chancellor “The Price of Time” https://www.amazon.com/Price-Time-Real-Story-Interest/
💥QUOTES💥
💥 “There's always plenty of risks outside of the interest rate risk, but those are much tougher to game out. I think the risk that is front, and center is this new interest rate regime at a much higher level than what we're used to. That is the biggest risk.” - Peter Boockvar
💥 “It’s reading, reading, reading, and more reading and not just about what's going on in the US, but what's going on throughout the world. Because the world is one big cobweb with interrelationships that are where one thing happens on the eastern side of the world immediately affects the western hemisphere side of the world.” - Peter Boockvar
💥 “Not every story has the greatest situation ahead of it. Every business deals with challenges, but if the opportunities outweigh the risks, then and at the right price, it creates an opportunity from an investment standpoint.” - Peter Boockvar
💥 “It all comes down to time horizon because no one has enough information to know when the exact bottom is. But, over time, you can buy things dramatically more down. You should be okay.” - Peter Boockvar
💥 “Humility is important in this business, and you have to understand that you're going to make a mistake every single day. You just have to make less of them relative to the right decisions that you make.” - Peter Boockvar
💥 “If you're going to invest in markets or you're going to invest privately, it's important to be a student of history. It's important to learn about other periods of time, other recessions, other expansions.” - Peter Boockvar
ABOUT PETER
As the Chief Investment Officer of Bl
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