Lagging Predictors (w/Jessica Mauser)
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Lagging Predictors (w/Jessica Mauser)
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Jessica: Why are commercial real estate market reports wrong?
Shlomo: How do investors use it? I think investors, they call you up, they say, oh, where do you think interest rates are going? Where do you think this, where do you think that? Who knows what's going? Look at what's going on in the moment, right? When you look at a commercial real estate report for the second quarter of this past year, you're a quarter late. So you need to actually see what's going on right now in your market. The only way to do that is to be part of it. Then the past educates you and then you predict the future, and good luck predicting the future because if you know the future. I want that secret. I'll buy some of that stock.
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