logo
episode-header-image
Jun 10
5m 41s

Ukraine Just Obsoleted Many Military Inv...

Victor Menasce
About this episode

On today’s show we are talking about how last week’s drone attack in Russia will forever change the way investments are made in military equipment and warfare in general. 


The economy in the US is being bolstered by a significant amount of defence spending. Europe is about to increase its defence spending on a large scale. The same can be said for Canada. 

Conventional warfare has been based on the premise that the biggest baddest army will overwhelm an enemy and crush any opposition. That notion got challenged in some of the most prominent writings including Sun Tzu who wrote “The Art of War” in the 6th Century BC. It was employed during the Byzantine Empire along its eastern front in the 8th and 10th centuries. 

Sure you can shoot a $1000 drone out of the sky with a million dollar Patriot missile. But is that an efficient defence against these new threats? 

Now this is a real estate show, not a military show. We’re here to talk about real estate. When we think of real estate investment one of the principles is that demand for real estate follows employment.

When we think of military industrial complex it conjures up images of companies like Lockheed Martin, Harris, Honeywell, Textron. These companies drive major employment. 

But increasingly the military industry is seeing a lot of new entrants. One of my business partners runs a incubator that is focused on the defence industry in Colorado Springs. This facility is conducting some of the most advanced research and development on new military systems. 

The speed and agility with which the Ukraine has modernized its underdog military is a lesson for countries looking to modernize their military. 

---------------

**Real Estate Espresso Podcast:**
 Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)  
 iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)  
 Website: [www.victorjm.com](http://www.victorjm.com)  
 LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)  
 YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)  
 Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)  
 Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  
**Y Street Capital:**
 Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)  
 Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)  
 Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

Up next
Yesterday
AMA - How Do I Process This Quote?
Today’s show is another AMA episode (Ask Me Anything).Marc asks, “We received a quote from a general contractor that is way above the expected averages for the actual square footage of the building. I’ve attached a copy of the quote and the drawings for the building. I’d love to ... Show More
5m 17s
Jul 8
Asset Allocation Like The Pension Funds
At Y Street Capital, we are specialists in storage and light industrial. If you are interested in getting exposure to a portfolio of storage projects including retail, industrial and boat & RV, our storage fund might be perfect for you. To learn more visit ystreetcapital.comOn to ... Show More
6m 42s
Jul 7
Social Selling Is The New Retail
Today’s show is the second in a mini-series on the changing face of business. On Friday’s show we talked about how Google is keeping search traffic on the Google platform and is not sending organic search results to the source pages in the way it used to. Traffic to businesses is ... Show More
6m 20s
Recommended Episodes
Jul 2024
Why Central Banks Still Get It Wrong Sometimes
Central banks play a crucial role in monetary policy and moderating the business cycle. Our Head of Corporate Credit Research explains why, despite their power, these financial institutions can’t quickly steer through choppy economic waters. ----- Transcript ----- Welcome to Thou ... Show More
3m 20s
Oct 2024
What Does The Fed Rate Cut Mean For Mortgages?
Mortgage rates aren’t directly influenced by Federal Reserve policy. However, the Fed’s recent cut likely will have a domino effect on the US housing market, say our Co-Heads of Securitized Products Research Jay Bacow and James Egan. ----- Transcript ----- Jay Bacow: Welcome to T ... Show More
8m 13s
Mar 2024
How JPMorgan thrived amid a banking crisis
It’s been a year since Silicon Valley Bank’s collapse left everyone worried that the US’s banking sector sat on shaky ground. Despite that turmoil, one bank stands out: JPMorgan Chase. The largest bank in the country, JPMorgan took home record profits in 2023, and its dominance l ... Show More
17m 51s
Apr 18
155. The Fed Isn’t Coming to Save Us Plus Endowment Talk and Big Tech Breakups
Send us a textThis week, we break down the tension between Jerome Powell and Donald Trump—and what it actually means for monetary policy. If you listened to Powell’s latest remarks at the Economic Club of Chicago, you may not have thought much of it, but anyone knows how to decod ... Show More
46m 46s
Aug 2024
Strong Balance Sheets, Cautious Boardrooms
Our Head of Corporate Credit Research explains how corporate balance sheets have remained resilient post-COVID, and why that could continue in the face of a potential economic slowdown. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Andrew Sheets, head of Corporate ... Show More
3m 52s
Mar 2023
Silicon Valley Bank collapses
US regulators stepped in over the weekend to ensure that customers of the collapsed bank will have access to their insured and uninsured deposits. This is calming markets after last week's losses, with the S&P 500 set to open sharply higher and investors reducing bets on central ... Show More
11m 19s
Apr 12
153. Steve Eisman, the Real-Life "Big Short" Investor, on Tariff Panic and Lessons From the 2008 Crisis
Send us a textThis week on The Wall Street Skinny, we’re diving headfirst into one of the most volatile weeks in recent memory—and we brought backup. After a whiplash-inducing reversal in the bond and equity markets, Jen and Kristen break down how the tariff announcements are rip ... Show More
1h 13m
Jun 22
What’s next after the Fed’s "dovish hold"?
“Most central banks will prefer to sit back and wait and see.” In this week’s PERSPECTIVES Weekly podcast, the Global Head of the Private Bank’s Chief Investment Office, Markus Müller, notes that the U.S. Federal Reserve’s decision to stay put on rates is likely to be echoed by o ... Show More
13m 7s
May 2024
64. The Skinny on Bank Balance Sheets and the Paramount Deal
Send us a textIn this week's edition of "The Skinny On", we get into an update on the Fed, Jen rants about bank balance sheet reqs, and Kristen gives you the skinny on the drama unfolding at Paramount amid merger talks with SkyDance and Apollo. Sign up for our Talent Acceler ... Show More
22m 53s
Aug 2024
The Hottest Way for Banks to Get Risk Off Their Balance Sheets
Synthetic risk transfers, in which banks purchase insurance-like protection on some of their loans, is a growing market on Wall Street, with billions worth of deals made in the US last year. But of course, anything with the words "synthetic" and "risk transfer" is probably going ... Show More
52m 16s