AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is the Market Blindsided by the Fed Announcement?
I think most investors are better off if they focus in a lot more on individual businesses and what's going on with the individual businesses. Auction driven markets can serve up really, really incredible valuation from time to time. I'm never going to be able to pick up a piece of real estate at 4%. And what the market priced 3 and 1 half years ago at $20 million, it prices today at $270 million in dollars.