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Podcast: Wealth Formula Podcast
Episode: 077: Confessions of an Artificial Intelligence Hedge Fund Manager: Howard Getson
Description: Why do I advocate investing in real things like real estate and precious metals instead of stocks, bonds, and mutual funds? Because I understand them and they are, for the most part, predictable. I understand that, when I buy an apartment building, people have to pay me rent. That property might go up and down in value but as long as I've got a pretty good margin of safety, the rent and income that I receive on a monthly or yearly basis is pretty predictable. Apartment buildings are also a pretty good hedge against inflation. Rents go up in an...