We were first alerted to a potential opportunity in NEC through a large industrial and commercial property owner and developer. Over lunch, our industry contact was discussing many changing aspects of his property and business / tenant dealings, with one subject particularly relevant to the changing landscape for NEC. One... Show More
Great interview guys. Enjoy your break Chris, they (the kids) really do grow up fast. A good move given the markets current outlook, but as per usual, setting up a period of exciting return potential when the narrative turns.
Good summary CP. The ol' magic black box (CCP) does it again.
From one analyst to another... Map M3 money growth vs. combined house growth over all capital cities. Something I did many moons ago. Would make a great update to this piece.
How is BAL progressing with it's CFDA registration? This seems to be the greatest risk to the business (not getting it), and it feels like the process has been abnormally drawn-out?
Peter Murch, also managed by Chris Joyes Outfit. Its a good product for what you say below, being able to buy a basket of Hybrids and the liquidity of having a market maker on both sides provides ample scope to exit at reasonable prices should you wish. Not so easy when buying individual securities in this space. Its a great product (HBRD).