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.
Keep up with the Elevate Podcast: https://elevatepod.com/
Interested in investing with Tyler? Visit https://www.cfcapllc.com/
Ready to boost your web presence? Visit www.sharpwilkinson.com/
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 Bleakley Financial Group, an $8 billion wealth management firm, Peter is rich with experience in analyzing market trends and economic indicators. Graduating magna cum laude with a B.A. in Finance from George Washington University, Peter's passion lies in value-based investing, finding out-of-favor opportunities that have the potential for long-term value. With his deep knowledge and frequent appearances on CNBC as a contributor, Peter is known for his ability to provide valuable insights on the biggest issues in the financial landscape.
BROUGHT TO YOU BY CF CAPITAL
CF Capital is a national real estate investment firm, with a mission to provide property investment and asset management solutions to help investors like you maximize through high-value multifamily communities.
If you are looking for risk-adjusted alternative investments and seeking tax optimized cash flow without all the hassle of management, you might benefit from investing alongside
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Burden
The Burden is a documentary series that takes listeners into the hidden places where justice is done (and undone). It dives deep into the lives of heroes and villains. And it focuses a spotlight on those who triumph even when the odds are against them. Season 5 - The Burden: Death & Deceit in Alliance On April Fools Day 1999, 26-year-old Yvonne Layne was found murdered in her Alliance, Ohio home. David Thorne, her ex-boyfriend and father of one of her children, was instantly a suspect. Another young man admitted to the murder, and David breathed a sigh of relief, until the confessed murderer fingered David; “He paid me to do it.” David was sentenced to life without parole. Two decades later, Pulitzer winner and podcast host, Maggie Freleng (Bone Valley Season 3: Graves County, Wrongful Conviction, Suave) launched a “live” investigation into David's conviction alongside Jason Baldwin (himself wrongfully convicted as a member of the West Memphis Three). Maggie had come to believe that the entire investigation of David was botched by the tiny local police department, or worse, covered up the real killer. Was Maggie correct? Was David’s claim of innocence credible? In Death and Deceit in Alliance, Maggie recounts the case that launched her career, and ultimately, “broke” her.” The results will shock the listener and reduce Maggie to tears and self-doubt. This is not your typical wrongful conviction story. In fact, it turns the genre on its head. It asks the question: What if our champions are foolish? Season 4 - The Burden: Get the Money and Run “Trying to murder my father, this was the thing that put me on the path.” That’s Joe Loya and that path was bank robbery. Bank, bank, bank, bank, bank. In season 4 of The Burden: Get the Money and Run, we hear from Joe who was once the most prolific bank robber in Southern California, and beyond. He used disguises, body doubles, proxies. He leaped over counters, grabbed the money and ran. Even as the FBI was closing in. It was a showdown between a daring bank robber, and a patient FBI agent. Joe was no ordinary bank robber. He was bright, articulate, charismatic, and driven by a dark rage that he summoned up at will. In seven episodes, Joe tells all: the what, the how… and the why. Including why he tried to murder his father. Season 3 - The Burden: Avenger Miriam Lewin is one of Argentina’s leading journalists today. At 19 years old, she was kidnapped off the streets of Buenos Aires for her political activism and thrown into a concentration camp. Thousands of her fellow inmates were executed, tossed alive from a cargo plane into the ocean. Miriam, along with a handful of others, will survive the camp. Then as a journalist, she will wage a decades long campaign to bring her tormentors to justice. Avenger is about one woman’s triumphant battle against unbelievable odds to survive torture, claim justice for the crimes done against her and others like her, and change the future of her country. Season 2 - The Burden: Empire on Blood Empire on Blood is set in the Bronx, NY, in the early 90s, when two young drug dealers ruled an intersection known as “The Corner on Blood.” The boss, Calvin Buari, lived large. He and a protege swore they would build an empire on blood. Then the relationship frayed and the protege accused Calvin of a double homicide which he claimed he didn’t do. But did he? Award-winning journalist Steve Fishman spent seven years to answer that question. This is the story of one man’s last chance to overturn his life sentence. He may prevail, but someone’s gotta pay. The Burden: Empire on Blood is the director’s cut of the true crime classic which reached #1 on the charts when it was first released half a dozen years ago. Season 1 - The Burden In the 1990s, Detective Louis N. Scarcella was legendary. In a city overrun by violent crime, he cracked the toughest cases and put away the worst criminals. “The Hulk” was his nickname. Then the story changed. Scarcella ran into a group of convicted murderers who all say they are innocent. They turned themselves into jailhouse-lawyers and in prison founded a lway firm. When they realized Scarcella helped put many of them away, they set their sights on taking him down. And with the help of a NY Times reporter they have a chance. For years, Scarcella insisted he did nothing wrong. But that’s all he’d say. Until we tracked Scarcella to a sauna in a Russian bathhouse, where he started to talk..and talk and talk. “The guilty have gone free,” he whispered. And then agreed to take us into the belly of the beast. Welcome to The Burden.