Kennedy-Wilson Holdings Inc: Luck of the Irish

Kennedy-Wilson Holdings Inc: Luck of the Irish by Christopher Pavese, The View from the Blue Ridge

Promising investments can come from anywhere. There are no patents on investment ideas. The only common factor in our search for fifty cent dollars is the thrill of the hunt. Often, some of our best ideas are sourced from within the existing portfolio. This may entail less of a “hunt” but can be even more fun and just as rewarding.

Last year, we committed significant resources to understanding the opportunity set in European real estate and presented our investment thesis on Kennedy-Wilson (KW) at ValueX in June.  In that presentation, Around the World with Kennedy-Wilson, we illustrated the positive fundamentals underpinning the Irish...