The NFL just signed off on allowing Private Equity firms to invest in up to 10% of a team. Why did the NFL owners agree to this? They want liquidity. They want cash. Their asset, an NFL team, is illiquid.
Liquidity is one of the most undervalued characteristics in any investment.
In today’s podcast, Spencer and Brett discuss the importance of liquidity when investing. They dissect private equity, venture capital, and real estate as asset classes and why they may not be the best investment if people want cash.
They also dive into the importance of investing with a “fiduciary”, someone that has your best interests in mind when helping you build your wealth.
Here’s to wise investing,
Brett Pattison and Spencer Nelson
