Everyone disses wework and regus for having bad business modes. “Asset-liability mismatch” they say smugly, referring to the long-term lease they sign to get short term monthly rents. Buying a building on a 15 year loan and then renting it out 1-3 year leases is the same thing!
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Replying to @Molson_Hart
Sam Zell mentioned a similar idea on the Tom Ferris podcast.
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Replying to @Kane_1200
Guilty! That podcast crystallized my thinking on the topic.
2:44 PM - 19 Feb 2020
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