Session Five (Q&A) – Akhil Patel & Phillip J Anderson | London

In a Q&A session, Phil and Akhil covered a range of financial topics, including expectations for another market inversion and the decision to maintain cash reserves versus investing in stocks. They discussed potential moves in global equities for 2026 and the distinctions between land and property cycles.

The impact of a possible Donald Trump election on market highs was examined, along with the future of AI data centers and their effects on Bitcoin miners. They suggested lower-risk alternatives for those hesitant to invest in property, strategies for managing real estate investments amid high leverage, and the resilience of care homes during recessions. Additionally, they considered the timing of land market peaks outside the U.S., advised on mortgage refinancing, and discussed whether it was too late to buy houses, while also sharing their preferred trading software. Phil highlighted well-located properties as reliable investments and noted the distinction between land and property cycles. The discussion also covered investing in gold, the resilience of care homes during recessions, expected delays in land market peaks across countries, and the importance of maintaining cash reserves during downturns.