Quote:
Originally Posted by biosurfer1
If you listen to the people in this thread, so is real estate, fiat currency, gold, bonds, and stocks
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It's all about scope and scale. A bet on a 20:1 horse in the fifth is not the same bet as buying an industrial warehouse in a major US metro area with a semi-decent tenant and a 7% CAP rate. Not all risks are equal, and one thing I've noticed over the years is that some people are very poor at analyzing risk and comparing one investment return to another investment return. This creates opportunities in the long run for people who can indeed analyze risk a bit better than most...
-Wayne