Gary Garrabrant, the CEO and co-founder of Equity International joined me for an exclusive two part interview the other day. If the name is not familiar, look him up. He is Sam Zell’s partner and has created a private equity empire that invests in international real estate. The investments that Gary and Sam have made in overseas companies like Homex have given them 34% annualized returns year over year for the past 10 years. 34% gains annually! That is OUTSTANDING!!!!
Last week we got together for lunch, a ritual that we like to do when time permits to talk about the global economy, overseas investment, overseas perception of the U.S. economy (Gary is on multiple planes a week traveling in multiple countries) and whether U.S. real estate is cheap. We had so much fun and covered so many topics that I begged him to join me in studio for a live interview.
Take a look at what he had to say about the merits of investments in places like Brazil and Mexico, the impediments to overseas investments and whether the U.S. is ripe for the picking.