"The Riff" with Byrne Hobart and Erik Torenberg cover image

E28: Amazon’s Potential for an Airline, Hidden Economic Gains, and the Nature of Equities

"The Riff" with Byrne Hobart and Erik Torenberg

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Diversified Real Estate Investments and Evolution of Preferred Stock and Unions

The chapter covers a private real estate investment trust that offers investors a diversified portfolio and discusses how the trust manages redemptions based on asset liquidity. It delves into the concept of making bets on interest rates, the evolution and significance of preferred stock, and the complex dynamics of unions in various industries. The discussion also explores economic lifecycles, investment preferences of high net worth individuals, and mechanisms to balance power between labor and capital.

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