Q: do you regret the BGC investment and rather buy a 4th shop in Cambodia?

A dangerous thought. Such an idea ignores tail risk. In a bad scenario, over-concentration hurts, and diversification has a chance to save the day.

Before buying a property, many prudent investors envision all the negative scenarios, as part of due diligence, but we change once we become an owner. As a human nature, owners tend to focus on the happy scenario – the rental guarantee, stable currency.. Don’t fall into that trap. Always allocate enough energy and focus to scenario planning.

There are

• macro risks,
• credit risk of Oxley
• market risks,
• rental risks