$SPG @hammy1981 Apollo's co-pres: youtube.com/watch?v=1xF20U2... “Where is the biggest opportunity at the moment?” “When we think around the globe right now, I mean, certainly [it’s] early days on commercial real estate, early days on aviation…” “Certainly in commercial real estate, it’s a slower moving train, but it will have a big impact...and as the consumer readjusts to this new world, there will no doubt be opportunities in commercial real estate, that are again a bit slower moving because of the nature of the assets.” Also from Oaktree's Howard Marks: youtube.com/watch?v=1ozK7xD... More or less the same point, but adds that you need to find the winners in that space and not just go for the whole sector.
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