Do any of you have ambitions of buying/launching a private business on the side?

  1. Do you have ambitions of launching/buying a private business (apart from a fund) on the side or is your sole passion the public markets?

  2. Do you have (or plan to have) real estate investments?

 
Most Helpful

1.) If the right opportunity presents itself, yes. I have no earthly idea what it is though.

  1. Yes - but you need to be mindful of the commitment. In my experience with this, you need to find a market where you have some 'advantage' - that could be you make an outsized income for the geography, can do some of the work yourself, know the market, have some connections, creatively thinking about how to monetize a specific property - the list goes on and on.

So much is dependent on location - if you are in a major city... good luck. Hats off to folks who are able to do that. But I'll tell you there are quite a few small to midsized areas around the country where if you invest some time, effort and creativity you can really set yourself up nicely.

 

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