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The Fort - An Entrepreneurship Podcast

#339 - Simon Wagner - Founder @ Granite Oak - Compounding $1M to $250M in 10 years

Feb 22, 2024
Simon Wagner shares his journey from Morgan Stanley to founding Granite Oak, focusing on mortgage-backed securities, commercial mortgage thesis, Irish real estate market, planning & entitlements. Delve into Ireland's housing shortages, fundraising, and the challenges in European housing development.
01:22:40

Podcast summary created with Snipd AI

Quick takeaways

  • Investment strategy focused on low downside and high upside potential for great returns.
  • RE Cost Seg helps reduce tax expenses for real estate investors through cost segregation studies.

Deep dives

Investment Approach and Insights

The speaker discussed an investment strategy where the focus was on leveraging opportunities with low downsides and high upside potential. By investing in bonds that offered significant returns unless the whole investment collapsed in the near future, they could secure their initial investment and capitalize on the free upside. This approach emphasized the importance of having a strong free upside component for achieving great returns in investments.

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