“I'm overinvested in real estate, but I have no leverage on the real estate so I can endure a down cycle.”
The Prof G Pod with Scott Galloway · Protecting Your Portfolio in a Bubble, and Is a Move to America Worth the Money?
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6:58
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What was described
avoided leverage on his real-estate holdings to survive a down cycle
Said nearby on the same subject
“Our average holding period is just shy of a decade… we have trimmed these positions as the cycle has been in our favor, and we’ve bought more as the cycle has ebbed and flowed”
“His ability to finance these multi-billion dollar media consolidations are at least to some degree, margin loans on his Oracle holdings ... he had to do a $40 billion backstop”
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Said on TBPN
Why it worked$40 billion backstop loan for Warner Brothers dealShare this moment
“You start with smaller, sensible weightings… avoid the doubling down on the things that are not going well.”
“You still can hold commercial property within your SMSF and attach an LRBA. So what that means is essentially the SMSFs can still get a loan to purchase a commercial real estate asset within that fund.”