If you walk in Jerusalem you're walking on stones that are 5,000 years old. You can almost hear the Roman footsteps behind you. |
It's not a monopoly, but it comes close. |
Kinetics in its short life has been building a reputation for being early in certain markets. If you're in a market that hasn't been discovered yet, there's real potential. |
The company trades at a deep discount to the value of the properties. |
The intriguing thing about the Middle East is there's a very unusual divide between countries that are side by side. Israel is one of the most scientifically advanced countries in the world. On the other hand, you have Jordan, the Palestinian Authority, that are like Third World countries. So there's an emerging-markets aspect to it and a technology aspect. |
The Middle East is a unique area of the globe, and there are some fascinating things going on. |