AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
RWH046: A New Golden Age w/ Bob Robotti
We Study Billionaires - The Investor’s Podcast Network
Valuation and Risk in Financial Markets
Valuation is critical, especially regarding the risk-free rate of return, which has been historically low. The misallocation of capital in both public and private markets is a concern due to the assumption of low returns being the norm. Valuations in real estate are at risk due to potential changes in capitalization rates driven by inflation. The Fed's actions are reactive to inflation, not determinative of interest rates, highlighting the significance of considering inflation in determining the right rate of return. Multiples in private markets have decreased, but not in correspondence with the decrease in interest rates, indicating a potential misalignment in valuations.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode