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Julie Neitzel From Precy Dumlao, Opalesque Asia:
Real estate investors are not your usual investors and most of the times, could be biased against hedge funds, said Marc Lehmann, General Partner at Riverloft Capital during the latest Opalesque Florida Roundtable.
The Roundtable took place in December 2012 at Wells Fargo’s Miami office and was sponsored by Wells Fargo and Eurex.
Real estate investors can be 'indifferent sometimes’
Lehmann said, "I found it outrageous how some investors are in fact able to cope with a decline of real estate prices of 40% or 50%, but do not want to deal with the volatility of the stock market or with hedge fund investing. There is a certain level of resiliency towards volatility, but when it comes to hedge funds and the stock market, they feel different. Somehow they feel empowered by price quotes on Yahoo Finance or whatever platforms they use to look at price history and make judgment without proper fundamental analyses."
However, Lehmann said this kind of attitude by real estate investors could also add to behavioral issues in the market that can create more opportunities for professional investors.
Lehmann made the comment about real estate investors as the participants of the Roundtable discussed the problem of...................... To view our full article Click here
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