{"id":214328,"date":"2026-05-15T07:01:00","date_gmt":"2026-05-15T11:01:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/15\/family-investors-turn-to-old-economy-businesses-to-avoid-ai-disruption\/"},"modified":"2026-05-15T07:50:19","modified_gmt":"2026-05-15T11:50:19","slug":"family-investors-turn-to-old-economy-businesses-to-avoid-ai-disruption","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/15\/family-investors-turn-to-old-economy-businesses-to-avoid-ai-disruption\/","title":{"rendered":"Family investors turn to old-economy businesses to avoid AI disruption"},"content":{"rendered":"<p><a href=\"https:\/\/www.cnbc.com\/2026\/05\/15\/family-investors-economy-businesses-to-avoid-ai-disruption.html\">Family investors turn to old-economy businesses to avoid AI disruption<\/a><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2026\/05\/15\/family-investors-economy-businesses-to-avoid-ai-disruption.html\">https:\/\/www.cnbc.com\/2026\/05\/15\/family-investors-economy-businesses-to-avoid-ai-disruption.html<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-15 07:01:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.cnbc.com\">www.cnbc.com<\/a><\/p>\n<ul>\n<li>Equity Group Investments (EGI), backed by the family of late billionaire Sam Zell, focuses on old-economy businesses that are less likely to be disrupted by artificial intelligence and other technologies.<\/li>\n<li>EGI&#8217;s portfolio includes a John Deere dealership, a bluefin tuna fishery, and a pedestrian bridge connecting San Diego and Tijuana, showcasing a strategy referred to as &#8220;HALO&#8221; for &#8220;heavy assets, low obsolescence.&#8221;<\/li>\n<li>EGI&#8217;s president, Mark Sotir, emphasizes investing in industries expected to endure over 10 to 12 years, which is why the firm avoids tech and startups due to their unpredictability in the long term.<\/li>\n<li>The approach of investing in tangible, reliable assets has gained momentum among family offices that prefer generational investment strategies and the stable cash flow from such businesses.<\/li>\n<li>Economic uncertainties and favorable tax reforms have made old-economy businesses more attractive, particularly due to benefits like bonus depreciation spurred by the &#8220;one big beautiful bill&#8221; law.<\/li>\n<li>Dealerships for autos and equipment are particularly appealing as they provide dependable income streams, benefit from tax advantages, and offer geographic moats that limit competition.<\/li>\n<li>EGI is acquiring businesses during a period of economic pressures for operators, such as tariffs and inflation, taking advantage of the low valuation to step in and invest at a potentially better long-term value.<\/li>\n<li>The firm seeks opportunities in stressed agriculture sectors, confident that it can afford to wait and invest in what it believes will eventually yield significant returns despite immediate economic challenges.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Family investors turn to old-economy businesses to avoid AI disruption https:\/\/www.cnbc.com\/2026\/05\/15\/family-investors-economy-businesses-to-avoid-ai-disruption.html Publish Date: 2026-05-15 07:01:00&#8230;<\/p>\n","protected":false},"author":1,"featured_media":214329,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108306528-1778697651151-gettyimages-2220796623-dji_0923.jpeg?v=1778697685&w=1920&h=1080","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-214328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/214328"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=214328"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/214328\/revisions"}],"predecessor-version":[{"id":214330,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/214328\/revisions\/214330"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/214329"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=214328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=214328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=214328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}