Investments

South African REITs: The Investment Conversation

Last week, I talked about: bubbles, in “Let’s Talk About South African REITs. Because they do so well.” and how to own a shopping centre with almost no money, in “South African REITs: What Are They“ Today: What I’d be concerned by if I were investing in a REIT. Firstly, here is a list of […]

South African REITs: What Are They?

On Tuesday, I started talking about the rise and fall of listed property: “Let’s talk about South African REITs. Because they do so well.” And right at the end, I mentioned a follow-on post. This is that post. The Awkwardness of Individual Property Investment Consider this scenario: You’re in your late 20s/early 30s You’ve decided that […]

Let’s talk about South African REITs. Because they do so well.

At some point last year (around the time that I was writing the blog series on Unit Trusts), I met someone from the property industry who told me in no uncertain terms that REITs were the place to invest my money because they were the best performing asset class. And it was quite true at the […]

South African Art: How it gets its value. And why it’s cheap.

So yesterday, I explained why I think that the art market is an investment powerhouse that is only due to get stronger. Basically, for two reasons: Increasing Wealth Inequality; and The power of asymmetric information. Asymmetric information is my favourite part of the story. I love an informationally inefficient market-space where you can be on […]

South African Art: The Economic Reason To Buy It. Immediately.

If you had asked me a few months ago about my opinions on buying art as an investment strategy, I would have made the following observations: Hmmm. I see. So what you’re saying is, you’d like to veer clear of productive assets in favour of the persnickety tastes of the art world? Sounds risky to me. […]