Our panel suggested cobalt, building ground leases, sports franchise lending, and others.
“The time to buy is when there’s blood in the streets.” That’s the famous quote from Baron Nathan Mayer Rothschild, a British nobleman in the 1700s and despite its sanguinary images, it conveys the ethos of finding undervalued investments that will spring back later.
At a recent panel on this investing style, held at our 2021 Virtual Chief Investment Officer Symposium, a group of canny investment chiefs explored where good values could be found as we hopefully are leaving the pandemic era.
These days, that means emerging markets and commercial real estate, among other things. Yet undervalued plays don’t always involve beaten-down assets, and the emphasis is on what the future likely will hold.