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Alternative assets, public markets, ownership risk, and long-term wealth durability
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Cultural Asset Economics
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Trash-to-Yield: How Modular Shacks Are Beating Luxury Apartments
A pension CIO once told me their ‘impact mandate’ included buying a warehouse full of used IKEA furniture. That fund did 11% IRR — outperforming their urban office exposure by 300 bps.
Mitt Chen
Aug 11, 2025
4 min read
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