Thread by @borrowed_ideas

1/ Notes from @ClaireThielke episode at @InvestLikeBest

Claire is Managing Director (APAC) at Hines which manages >$144 Bn AUM. She finished her undergrad at Stanford in 2.5 yrs, was a professional track and field athlete for USA, and ran a marathon on Everest (what?!!).

2/ "So I think like a lot of investing, cities and real estate investing, it's about pattern recognition. Cities, a lot of them rhyme with each other. I mean a city at the end of the day, it's an API for the industry." (Loved these three sentences)

Tattoo index is pretty cool.

3/ China's urbanization rate mimics what it was in the US at the end of WWII.

But it also means they have a cheat code as they know what happens at certain nodes just looking at the US.

4/ "Airplanes aren't planes, sometimes they're time machines and that you can sort of travel back and forth in time. So maybe they're at the World War II stage in one
way, but the malls are way far ahead time machine to the future relative to the US."

Also, payments.

5/ "We think of the choosing a right place or choosing the right time in some ways almost part of the beta and that the real alpha is the building execution"

6/ Future offices are likely to be more like college campuses.

7/ Two cities to look out for: Miami, and Detroit

Her point about ROI on public art just deeply resonates with me. Whenever I go to a new city, it's the one thing that creates a lasting impression in my mind.

8/ Absolutely loved the forthrightness her coach instilled in the very beginning of the process. The broader theme should come handy beyond athletics.

9/ Tomorrow Time: another idea that should have broader application in many other settings.

"you're always chasing this version of you that's just beyond yourself. You try to take that, process out calculus into everything else that you do."

End/ Link to the episode, including transcript: joincolossus.com/episodes/72331…

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