The Wealth Report 2019 Knight Frank

Discussion in 'Investment Strategy' started by Beano, 12th Jul, 2019.

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  1. Beano

    Beano Well-Known Member

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    Download | The Wealth Report 2019

    if you have free time read this report.
    It is produced each year
    An interesting report by from a investor page 38
    "We base our decisions on tradional principle: location ,location, location .We buy where no one else see opportunity and we never sell: we are like a long term pension fund ."
    Started with nothing
    Now does not work for money "works for passion"
    His son has been accompanying him since he was 12 yrs old (now 34)
    WHY ?
    He was hungry to learn
    At 21 he gave him a penthouse ..but he sold it as he wanted to invest the money in more investment properties than live in it.

    Raj Kumar made his first million in the 1970's at only 16.

    Ps I would like to see at least one person from PC to be in "the 2020 Wealth Report" :)

    Don't chase yield at any cost page 40
    Get children involved as early as possible page 40
    The greatest challenge for us is to identify those markets that allow investors to sidestep the strongest competition page 46
     
    Last edited: 12th Jul, 2019