#53 - How WeChat ban could affect Apple, what REIT is at a 30% discount, 2 unpredicted steps toward Bitcoin adoption, and explaining inflation shock.
In this weeks episode, we’re covering the never-ending TikTok saga, Joel's updated take on Real Estate Investment Trusts as a hedge against overvalued tech, and finally, we revisit the world of crypto to chat about features the Coinbase CEO expects to be required for the next unlock of adoption of Bitcoin.
On Spotify click these timestamps in the show notes to skip ahead in the episode.
The brief Tencent opportunity created by TikTok & WeChat ban. (1:03)
Updated opinion on grocery-anchored REITs. (8:10)
Thoughts on gold and digital assets as a hedge against USD. (17:50)
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💬 Why does the WeChat ban matter?
Donald Trump signed an executive order on Friday banning U.S. transactions with WeChat from Sept. 20, describing the Tencent Holdings-owned app as a threat to national security.
🏠 While Amazon builds fulfillment centers in malls, what’s happening to REITs?
As mentioned in this podcast (8:10) our previous episode on Real Estate Investment Trusts got a lot of questions.
With news that Amazon could strike a deal with Simon Property Group and move fulfillment centers into old JC Penney & Sears locations (for as low as $4/sq ft!) we revisit the idea of grocery-anchored REITs.
Spoiler: historically low valuations multiples and indicators like this spread on the 10-year Treasury yield are a good sign for future returns of REITs. (listen to the segment for more context.)
⚖️ What would cause mass adoption of Bitcoin, what’s going on with gold, and should we prepare for inflation?
This conversation spawns from this ‘Future of crypto’ podcast with Brian Armstrong, CEO of Coinbase.
We summarize the episode and some predictions of what’s to come at (17:50) but if you’re more interested in the conversation around gold and inflation, tune into this conversation below between Peter Boockvar and Josh Brown.
*Not investment advice, for informational purposes only. Do your own research. Full disclosure is at the end of the podcast audio.*
Tencent dip on news of WeChat being banned was an opportunity - could hurt Apple.
REITs like SmartCentres to outperform big tech going forward.
Crypto and digital assets are great for the online world but USD as a global currency is here to stay for the foreseeable future. Inflation benefits millennials - reference this previous episode.
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p.p.s. This week’s riddle:
I’m planning an IPO for late September,
we were technically worth more in 2014 -
but try not to remember.
I have two founders part of the mafia.
You’ll want our software if you’re fighting terrorism,
in Iraq, Syria, or even Czechoslovakia.
You might recognize my name from a J.R.R. Tolkien movie,
it’s an indestructible crystal ball, that sees everything the future could be.
Answer from last week: Rolls Royce
Enjoy the rest of your week!
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