Timing Isn't Always Everything in Real Estate, Says Blackstone's Gray

Timing Isn't Always Everything in Real Estate, Says Blackstone's Gray

Assessment

Interactive Video

Business, Life Skills

University

Hard

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The transcript discusses the acquisition of Hilton Hotels, highlighting the strategic mix of real estate and corporate play. Despite the poor timing due to the 2008 financial crisis, the investment eventually succeeded, yielding significant returns. The speaker reflects on the importance of family support during tough times and shares insights on investing in fundamentally strong businesses with growth potential.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary reason for acquiring Hilton Hotel according to the speaker?

To diversify into the airline industry

To compete with Marriott

To expand into the Asian market

To leverage both real estate and management franchise opportunities

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major global event negatively impacted Hilton's performance shortly after its acquisition?

The COVID-19 pandemic

The 2008 global financial crisis

The dot-com bubble burst

The Brexit vote

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the company respond to the downturn in Hilton's performance?

By investing more capital into the company

By selling off assets

By merging with another hotel chain

By closing several hotels

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the ultimate outcome of the Hilton investment?

The company was nationalized

The company was split into three entities and went public

The investment was a failure

The company was sold at a loss

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What key lesson did the speaker learn from the Hilton investment experience?

Never invest during a financial crisis

Avoid investing in real estate

Focus on the strength of the business and its sector

Always invest in technology companies