Gary Carmell
As an investment management company, CWS’ investors naturally look to us to deliver compelling returns relative to the risk we are taking. Since the capital entrusted to us is deployed into businesses that we purchase (apartment communities) or create (the development of apartment communities),
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Gary CarmellThis week I will return to one of the videos that I shot on true wealth to discuss various elements of my book that I think communicate the most important messages. Hopefully they will inspire one to read the book versus feeling like they have already read it!
Let’s start with a basic question –…
Gary Carmell
I recently returned from the National Multifamily Housing Council conference in Las Vegas. I have been attending the conference since very early in my career, which makes me one of the pioneer attendees as the organization was fairly new then, and there were probably no more than 500 people at the conference in the early 1990s.
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Gary Carmell
Give me a word
Give me a sign
Show me where to look
Tell me, what will I find?
What will I find?
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Gary Carmell
Last week was pretty important in confirming the trend change in interest rates and solidifying a slowdown in economic activity. Evidence of the economy slowing is reflected in more U.S. firms cutting their earnings guidance versus raising them.
As the above chart shows,
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Gary Carmell
There is so much concern about the level of our federal government debt and how will we ever repay it. That is one thing to never have to lose sleep over. The United States uses a currency (the dollar) that only it can produce, has no obligation to back its currency with anything other than its commitment to accept it to pay taxes that are owed,
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Gary Carmell
Paul McCulley of PIMCO fame is one of the most interesting, entertaining, and thought-provoking communicators about complex financial subjects, especially in the realm of economics. He is particularly well known for his annual letter that transcribed very in-depth conversations he would have with his beloved pet rabbit Morgan le Fay (sadly deceased now) about pertinent issues concerning investors,
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Gary Carmell
Einstein believed that the eighth wonder of the world was compound interest. The benefits of compounding are so powerful not only when it comes to money but also good habits. They build on each other through incremental gains and eventually, it snowballs into different forms of competitive advantage,
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Gary Carmell
I read a very interesting theory about Donald Trump‘s master strategy when it comes to the trade war with China. Trump believes that he can win a trade war, but he can’t do it alone. He sees that the Chinese are reacting with an aggressive fiscal and monetary stimulus to counter the negative impact of the trade war on their economy and believes the United States needs to do the same.
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Gary Carmell
I received a memo from a very successful real estate developer and investor whose expertise is industrial properties. He produced a thoughtful memo as to why now is the time to take a pause from investing for fear that investor euphoria is elevated and there are unsustainable macro trends that pose a great risk to investors.
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