We Study Billionaires - The Investor’s Podcast Network TIP305: The Structural Impact w/ George Gammon & Clips from Ray Dalio & Jeff Gundlach (Business Podcast)
Jul 12, 2020
George Gammon, a real estate expert and macroeconomist, offers a deep dive into how COVID-19 has reshaped American real estate and infrastructure. He discusses urban migration trends and challenges faced by colleges. Billionaire investor Ray Dalio critiques the limitations of central banking policies and emphasizes strategic positioning for investors. Meanwhile, Jeff Gundlach shares insights on the potential for a V-shaped economic recovery, exploring the balance between risk and opportunity in today's financial landscape.
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Housing Bubble Resemblance
- Real estate prices, adjusted for inflation and size, mirror the 2008 bubble.
- Current price-to-income ratios and other metrics also indicate a bubble.
Real Estate and Volatility
- Consider specific real estate investments as a way to gain long volatility exposure.
- Be cautious, however, as real estate is illiquid and market knowledge is crucial.
Exodus from Cities
- The exodus from major cities is driven by remote work and COVID concerns.
- This trend will severely impact local economies of universities and businesses.
