by Dane Bowler | Oct 7, 2025 | Market Commentary
Americold Gets Cheap Enough to be Interesting Americold’s (COLD) stock price is down 65% in the last 5 years. This sort of move is unusual for a business that is so necessary and stable in the long-term sense of the word. In any short window of time, cold storage...
by Dane Bowler | Aug 27, 2025 | Market Commentary
Market Commentary | August 24, 2025 Potential Signs of a Value Renaissance Value and growth have bounced cyclically in and out of favor for the entire history of the stock market, often in unpredictable fashion. Outperformance of value or growth over the other varies...
by Dane Bowler | Jul 25, 2025 | REIT Total Return Portfolio
RTR Portfolio Review: Investing in clean business models at a discount The market has a tendency to overly focus on revenue growth. We also like revenue growth in the companies in which we invest, but I think there is significant value in studying the entire industry...
by Dane Bowler | Jun 23, 2025 | Market Commentary
UMH Properties’ Fundamentals Look Strong UMH Properties (UMH) offers an enticing combination of value and growth. Specifically, it has a greater than 5-year runway of double-digit organic growth, yet it trades at a steep discount to net asset value (NAV). This...
by Dane Bowler | May 23, 2025 | Market Commentary
REIT Lost Decade: The Long-tail Effect of Market Manipulation The S&P 500 had what is referred to as “the lost decade” at the turn of the century. S&P returns were close to zero from 2000 to 2010. The REIT lost decade was 2015 to 2025. At the end of such a...
