Phil Bak

Phil Bak, the Founder of Armada Investors and expert in real estate investment, shares compelling insights on market dynamics and valuations. The discussion covers the fallout from Bernie Madoff's Ponzi scheme, revealing accountability issues in finance. Bak dives into the nuances of private versus public REITs, and how economic trends influence valuations. He also reflects on entrepreneurship's realities, contrasting the challenges with romanticized success, and highlights Detroit's cultural revival through its vibrant music scene.