O - Lesson Learned: Don't Bet The Farm Always Diversify
2024-04-17 07:00:00 ET
Summary
- I always enjoy sharing personal lessons learned from my experience as a commercial real estate developer and investor.
- It's important to emphasize the importance of real-life experience over formal education.
- The most durable education is self-education.
As most of my followers know, I was a commercial real estate developer before writing on Seeking Alpha.
This means I’ve been actively involved in the industry for more than three decades (as a developer and/or writer). So I have many lessons learned to share with my readers.
I also get to share them at several colleges and universities across the country, where I frequently remind students that “the most durable education is self education.”
With all due respect to the institutions they’re attending, there’s no substitute for real-life experience.
That’s why I’m very happy that I didn’t end up pursuing an MBA after college. Despite really wrestling with it, I decided that my best path forward was to go right to work with an established real estate developer....
Lesson Learned: Don't Bet The Farm, Always Diversify