2020 was a volatile year for all asset classes, and multifamily real estate was no exception. I spent months looking at potential real estate investment opportunities but had a hard time finding anything of value. I thought I was going to finish the year empty-handed but managed to find a […]
Investing
I didn’t know much about Kirk Kerkorian until very recently. I think that’s by design since Kirk was very secretive about every aspect of his life. The book, The Gambler, details his life and bold business ventures. Piecing together the journey of a self-made billionaire, who built a multi-billion dollar […]
With the Airbnb IPO around the corner, there’s going to be a ton of Airbnb hot takes around travel, the founders, the story, the numbers, etc. This post is not a full breakdown/analysis of Airbnb’s S1, in fact, it has nothing to do with the S1 filing at all. Instead, […]
Towers of Debt is a detailed recount of the rise and collapse of The Reichmanns, a wealthy Canadian business family. Their company, Olympia and York, grew to become the largest real estate empire in the world before its tragic demise. They were responsible for building and managing financial centers in […]
Many governments incentivize their citizens to save and invest for retirement by giving them tax-advantaged investment account. The Canadian government does this, by giving all citizens a Tax-Free Savings Account (TFSA) and a Registered Retirement Savings Plan (RRSP). Americans have equivalent tax-advantaged accounts like the 401k, IRA, etc. In this […]
In today’s world, there are a ton of different investment opportunities. Every year it seems as though a new investment opportunity appears out of nowhere promising sky-high returns. But even after all the innovative ways to earn a return, I truly believe that for most people, cash-flowing real estate should […]
DISCLAIMER: This blog post is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. I hold a long-term position in INMD. Historically, my exposure to public equities has been low. I prefer to allocate mostly to private […]
I come across popular quotes from successful people all the time. Often, they’re not very practical or just too abstract to really be of any help. But I recently came across a quote from Charlie Munger that hit home like none other. The first $100,000 is a bitch, but you […]
Over the course of my career, I’ve analyzed a lot of business models of wildly successful companies, but none compare to Google’s search business. It is truly a unique and fascinating business that still may be under-appreciated by many. Rather than taking an in-depth look at Google’s financials and metrics, […]
The Koch Brothers are in no shortage of controversy. Over the years, they’ve become political boogeymen which has vastly overshadowed their business careers. But politics aside, no one can deny that they’ve built an incredible multi-generational business. Koch Industries generates over $110bn revenue, employs over 120,000 people, and is the […]
The concept of borrowing to invest in stocks would send chills down the spines of financial gurus. Conventional wisdom dictates that debt is bad, and it would be risky to borrow money to invest in stocks. But have these financial gurus actually ran the numbers? Because here is an unpopular […]
I hope you are staying safe and keeping busy the best you can. It’s been an interesting couple of months for me to say the least, but I am excited to announce the addition of two new companies to my portfolio New additions The first company is called Supercast, it’s a […]
In light of recent events, markets across the world have tanked and tanked very fast. Many investors, including myself, have been scanning for opportunities. I generally steer clear of picking individual stocks and my portfolio allocation to publicly traded securities has always been quite low. I mainly stick to investing […]
DISCLAIMER: One of my companies, PureFilters, is a Lending Loop borrower and my holding company is a Lending Loop lender. This blog post is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. A few months ago I wrote […]
Shopify is seldom compared to Amazon for obvious reasons, they aren’t exactly direct competitors; one is a eCommerce technology platform while the other is an eCommerce retailer. At time of writing, $SHOP has a $45bn market cap and $AMZN has a $990bn market cap making them vastly different in size […]