Week Ended 10/27/17

Earnings season Each quarter we listen to the conference calls of not only our companies, but those of major peers as these can often provide insight on industry fundamentals.  Below is our take on what we have heard so far. In self-storage, Public Storage reported...

Week Ended 10/20/17

Idiosyncratic returns 2CHYP was designed to be fundamentally diversified such that it will not necessarily move with the REIT sector and the stocks within 2CHYP should move independently of each other.  From a theoretical standpoint, this should reduce the volatility...

Week Ended 10/13/17

Back in Timber Timberland is an asset class we have wanted to be in for a while as the continued strong demand for housing creates the needs for increased construction activity over the next few years.  Further, the south and southeast will need extra lumber for the...

Week Ended 10/6/17

Mall talent With the close of the quarter we spent a lot of time talking about 2CHYP at a portfolio level, so I want to spend this commentary on a single stock, Washington Prime Group (WPG). We bought more of it this week, taking the position to almost a 9% weight. ...