Large landlords with experience are probably a better group to bet on (in terms of understanding long term economic trends) than startups.
Just like the bond market is a better indicator of economic growth than the stock market. More money, more professionals, longer memories, not as much optimism.
As much as I'd like the US to crash to reality a bit so we can get our house together... a Chinese slowdown + European clusterfuck makes the US the best place to invest, still. That gives this boom a slightly longer lease on life.
Just like the bond market is a better indicator of economic growth than the stock market. More money, more professionals, longer memories, not as much optimism.
Edit: future economic growth expectations, rather.