Week Ended 12/13/19

Trade, the Fed and Unusual price movement Phase 1 of the trade deal with China seems to be underway.  The full details are not released, but snippets and sound bites from Trump and China seem to indicate a minor rolling back of tariffs in exchange for ramped up...

Week Ended 12/6/19

Value –> growth Portfolio managers are often classified as value or growth and in some cases a third category that exists in between known as GARP (growth at a reasonable price).  This categorization feeds into a broad misunderstanding that value and growth...

Week Ended 11/29/19

A check-in with UMH UMH has changed quite a bit since we began investing in it, so let us take a renewed look at the thesis.  We see 4 key areas to focus on. FFO/share Debt levels Property operations Securities portfolio The obvious knock against UMH is that its...

Week Ended 11/22/19

Near term resolution? Uniti has some very big news coming soon.  Below is the timeline of events. Monday November 25th court hearing on various matters including an attempt to delay the deadline to assume or reject. December 6th – the deadline for WIN to assume or...

Week Ended 11/15/19

Letting winners run A lot of investors have rules on how far they let their winners run before taking the gains.  I find these rules to be confining and largely based on emotion.  I would much rather take it on a case by case basis. Why I am letting MPW and GMRE run...