My investment tip for the DeVos era. Charter school real estate.
Clockwise from top left: the Coral Springs – Imagine School, Imagine At South Vero, Plantation – Renaissance Charter School, Championship Academy of Distinction Davie Campus, and Charter School Capital CEO Stuart Ellis
I'm thinking back to the time when hedge-fund school reformer Whitney Tilsonmocked me for suggesting that he and his investment group were profiteering from privately-run charter schools.
"Trying to make a killing in the charter school business"?! Yeah, that's right, the charter school business is so profitable that I'm telling all my friends in the hedge fund business that they're in the wrong business. My message: "If you really want to make a lot of money, start a charter school!" LOL!Turns out I was spot-on and he was covering up.
So this is the time of year I like to hand out more free investment advice to my readers. You're welcome.
With the appointment of Betsy DeVos as Trump's education chief, charter school real estate profiteers and corporate reformers like Tilson are rubbing their hands together with glee. This is a great time to get into that market while stock prices are still relatively low.
Case in point...The Real Deal: South Florida Real Estate News reports:
Charter School Capital, an academic investment group based in Portland, just scooped up five charter schools spread throughout Schooling in the Ownership Society: My investment tip for the DeVos era. Charter school real estate.: