Here is part two of Investing Haiku:
Don’t overlook people
Projections soon become moot
People steer the ship
Great investors read
They are never not reading
Stay curious all the time
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Here is part two of Investing Haiku:
Don’t overlook people
Projections soon become moot
People steer the ship
Great investors read
They are never not reading
Stay curious all the time
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[Updated – May 4, 2016] As real estate investors, we’re obviously big consumers of capital, particularly debt financing. Given this, it’s important to have a view (hopefully a correct one) regarding interest rates. I look at many indicators to help me gauge where I think rates may be headed.
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Rather than diving into deep philosophical exposition and heavy economics, I thought I would go a different direction this week and share some random thoughts and items that have caught my attention recently.
My 14 Random Thoughts
Garry Shandling –
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In Case You Missed It – In the News
• Starwood Purchase of $5.3 Billion of EQR Apartment Assets
In the Dire Straits song Industrial Disease,
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“Victory; a matter of staying power.”
– Elbert Hubbard
Famed economist (and very successful investor) John Maynard Keynes said in the long run, we’re all dead. This is obviously irrefutable, independent of reincarnation and afterlives.
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We have been strong advocates of the premise that renter household formations will continue to capture a larger percentage of overall household formations. Clearly the United States economy became irrationally focused and reliant upon homeownership during the bubble days of 2003-7. While we knew that apartments would not stage any type of meaningful recovery while the economy was contracting from 2008 through 2009,
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