Infrastructure. What a pompous word!
I am a huge fan of infrastructure investing. Still, when I see some pension consultant or product salesperson droning on about the correlation factor of infrastructure assets and the durable cash flows produced by permanent infrastructure, I suddenly feel the need for a nap.
So I can only imagine how the average investor feels when hearing all about the wonderful infrastructure opportunities presented by this and such fund or offering.
And yet, the opportunities here are amazing, especially now…
This post originally appeared at Investors Alley.