Suggestions
Aleksey Chernobelskiy
CRE ($9bn AUM) - VP at STORE Capital [NYSE: STOR]
Aleksey Chernobelskiy is an experienced professional offering advice to passive investors (LPs) on current and future investments through his platform at www.LPlessons.co. He has a background as a former Senior Vice President at STORE Capital, a Public REIT focusing on acquiring single tenant profit-center real estate. Aleksey led a 20-member investment team, managed a $10 billion portfolio, and was involved in credit risk evaluation and investment decisions.
His academic achievements include a quadruple major with a GPA of 3.95 from the University of Arizona, as well as completing programs at Yale School of Management and Harvard Business School, among others. Aleksey Chernobelskiy has a diverse education background in finance, mathematics, business economics, and accounting.
Aleksey has held various positions in organizations such as Centrio Capital Partners and different roles at STORE Capital, from Vice President to Portfolio Manager. He also has experience in strategy consulting, investment analysis, and financial management. Moreover, he has a background as a professional Table Tennis Player and Coach recognized by USA Table Tennis.
For further insights and frequent updates, you can follow Aleksey Chernobelskiy on Twitter at www.twitter.com/chernobelskiy or reach out via email at [email protected].
Highlights
Expected Value is helpful in investing, here's an example applied to real estate:
First let's remember that all investments come with some form of risk, and that risk could be losing it all.
Needless to say, investments also come with the probability of making a return - otherwise nobody would touch them!
Expected value can help you put all of these facts together to compare to an alternative investment
Example:
Let's suppose you find an investment and after doing due diligence you arrive at the following probabilities
- 25% probability of losing everything
- 50% probability of breakeven
- 25% probability of doubling your money
I.e. 25%(-100%) +50%(0%) +25%*(100%) = 0% EXPECTED return
So you're better off choosing a 5% CD, which has 100% chance of a 5% return, thereby being the expected value as well.
Of course, this doesn't account to reinvestment risk on the CD and tax benefits ... but I also wouldn't recommend making investment decisions based on tax benefits :)
I hope this helps!
Follow Aleksey Chernobelskiy for more on LP investments
Own a business? Here's one of the best talent ROIs I've seen:
Step 1: Buy a fancy espresso machine for the front desk Step 2: Hire a barista
"Receptionist" + "Barista" = Receptionista!
You likely have to hire a receptionist anyway, and this hire will now serve two purposes
In addition, coffee brings people to the office earlier and folks will stay later
Energy and culture in the office is much better as well
Shout out to Kern Schireson / Roberto Lartigue / Jacob Harris (hope you're well guys) and the other folks at Schireson (now doing business as Known) that actually did this!
