We Study Billionaires - The Investor’s Podcast Network

TIP671: Unconventional Value: Contrarian Thinking and Outperformance w/ Larry Connor

89 snips
Oct 27, 2024
Guest
Larry Connor
Larry Connor, founder of The Connor Group, shares his insights on contrarian investing and optimizing apartment complexes. He emphasizes the need for unconventional thinking and the power of seeing every asset as a unique business. Larry reveals his strategy of targeting 'train wreck' properties for improvement and the importance of counter-cyclical investing. He discusses how learning from failure fuels success and highlights the critical role of aligning core values and company culture to achieve exceptional returns.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Train Wreck Properties

  • The worse a property is run, the better, as long as the location and other factors are desirable.
  • The Connor Group aims for a 60% bottom-line improvement in 24 months.
ADVICE

Mitigating Risk

  • Limit downside risk and maximize upside potential in business.
  • Apply this principle to all endeavors, personal and professional.
INSIGHT

Adjusting Expectations

  • Adjust return expectations constantly based on market conditions.
  • Forecast the future, not just relying on today's or historical data.
Get the Snipd Podcast app to discover more snips from this episode
Get the app