Speculation Vs. Income Investment: A Primer
Mobile Home Park Mastery
English - May 02, 2021 06:00 - 11 minutes - 15.7 MB - ★★★★★ - 373 ratingsInvesting Business Management mobile home parks mobile home university trailer parks manufactured housing frank rolfe dave reynolds commercial real estate mobile home investing alternative investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Before You Pull The Trigger On Closing
Mark Cuban recently said that “the intrinsic value of anything – Bitcoin, an ounce of gold, or a share of GameStop – is simply what people believe it is. Nothing else matters.” That has to be the worst investing theory of all time, and is the root of all speculative bubbles. In this Mobile Home Park Mastery podcast we’re going to discuss the concept of actually “investing” as opposed to “speculating” and why mobile home parks are not rooted in the whim of the public but in cold, hard cash. Charlie Munger would like this discussion (Warren Buffett’s business partner) as he has long been a skeptic of the new concept of herd investing.