Week Ended 9/29/17

Close of quarter 2CHYP had an acceptable quarter with performance fairly close to that of the REIT market.  We do not have the exact numbers yet as the data sources take a business day to process.  We like to pull the numbers directly from Interactive Brokers so that...

Week Ended 9/22/17

Hotels and industrial We were traveling this week to meet with Sotherly Hotel’s management team at the reopening of the DeSoto hotel in Savannah.  Overall we were pleased with both the property and management’s strategy going forward. In trading this week,...

Week Ended 9/15/17

REITs vs. the S&P Broader markets, as measured by the S&P, have hit an all-time high but I think REITs missed the memo.  Over recent months and quarters, REIT underperformance has been substantial. Source: SNL Financial Was the cause of this underperformance...

Week Ended 9/8/17

The foundation 2CHYP consists of a mixture of home-run attempts and those that consistently hit singles and doubles.  Admittedly, our more ambitious stocks have not been doing well lately with deep value retail continuing its selloff and other stocks like SOHO and...

Hurricane Irma coming

Midweek update I talk frequently about how volatile the market is and how much mispricing there is, so today I want to highlight an instance of the market getting it exactly right.  In the screenshot below, notice SOHO in red against the sea of green. REITs are simply...