All Forum Posts by: Scott Kelley

@Scott Passman, @Stephen J Davis, @Chris Seveney

I'll give it to you guys that Your own education is a hard investment to beat, but the stipulation was that you can only invest in something that you're not personally involved in, so I'm calling this a technical foul...  Remember, this is bettin money - your best idea for how to take advantage of the opportunities that will play out over the coming 2-5 years.  Could be something that you think is a sure thing with moderate returns, or long odds on a huge return...

@Paul Shannon - I'm with you - I no longer try to outguess the timing of the market - my calls on Blackstone would be long term (Jan, 2022).

Chris - This is a bet on the opportunities that will play out over the coming 2-5 years - I'll bet you've got some ideas that will pay out better than 18%...

@Nick Rutkowski - I love how you are not only jumping in "when there's blood in the streets", but looking around to see where the blood is running deepest!  So, your mom has been cooped up for all these weeks and can't wait for Vegas to open up again - you know she's gonna blow her usual ten grand - where are you gonna convince her to bet that money on hotels instead? (OK, her investing in your company wouldn't technically violate the rule... but it would violate the spirit).

C'mon @Josh Collins - you're hedging your bet - gotta put it all on one number!

@Todd Dexheimer - how would you invest in oil?

@David Smith - 10k can get you into a SFR, but you can't put the bet on yourself... $10k cash - who you gonna put it on (decide quick before I take it back)...

@Benjamin Goodman - how would you put your (passive) $10-20k into self storage?

@Blake Dailey - how would you invest your $10-20k in MFH other than your own deal to best take advantage of the coming opportunities?

Just to allay any fears up front, I generally have my funds invested conservatively, and I have a significant amount still in cash to continue investing in what I expect to be some great deals in syndications and other private deals in the coming year or two.

With that said, I want to place a big bet (big for me anyway - say $10,000-20,000) on whatever I conclude is likely to produce the greatest return over the coming 2-5 years from the current situation.

Let's assume it's a given that most here will bet their time and money on their own company first.  For the sake of this thought experiment though, you can only invest cash in something that you are not personally involved in . . . 

One thought is to buy Calls on Blackstone . . .  

Where would you place your bet ?