Enraged Bulls and Spartan Warriors: August 2023 in REITs
"SPARTANS...PREPARE FOR GLORY!” – Leonidas, 300 PERFORMANCE: Serenity Alternative Investments Fund I returned +0.77% net of fees in...
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Blogs
JULY 2023 in REITs: Maps, Zombies, and Buried Treasure
"Archeology is the search for fact, not truth…We do not follow maps to buried treasure, and “X” never, ever marks the spot.” – Indiana...
JUNE 2023 - REITs: Soft Landing or Recession?
"Success depends upon previous preparation, and without such preparation there is sure to be failure." - Confucius PERFORMANCE: Serenity...
MAY 2023 - REITs: Data Centers to the Rescue?
"Accept the challenges so that you can feel the exhilaration of victory" - George S. Patton PERFORMANCE: Serenity Alternative Investments...
REITs: An Upcoming Once in a Decade Opportunity?
"Keep calm and GET FIRED UP" - Ted Lasso PERFORMANCE: Serenity Alternative Investments Fund I returned -1.01% in April, while REITs...
BANKING CRISIS, OFFICE DISTRESS, WAR CHESTS: March 2023 in REITs
"Come with me if you want to live" - Kyle Reese, The Terminator (1984) PERFORMANCE: Serenity Alternative Investments Fund I returned...
WIND, RAIN, STORMS, AND THE ROCK: FEBRUARY 2023 NEWSLETTER
“The rain came down, the floods came, and the winds blew, and beat on that house; and it did not fall, for it was founded on the rock.” –...
IN SEARCH OF THE HOLY GRAIL: JANUARY 2023 NEWSLETTER
"Tis but a scratch!" - Monty Python and the Holy Grail PERFORMANCE: Animal spirits have returned! Re-capping a “risk-on” January. HAVE...
POISED TO STRIKE: Serenity's 2023 Outlook
“When you see a rattlesnake poised to strike, you do not wait until he has struck to crush him” – Franklin D. Roosevelt PERFORMANCE:...
ARTIFICIAL REIT-TELLIGENCE: November 2022 Newsletter
“Computers are incredibly fast, accurate, and stupid. Human beings are incredibly slow, inaccurate, and brilliant. Together they are...
THE WORLD IS CHANGED: THE GREAT CAP RATE RESET
“The world is changed. I feel it in the water. I feel it in the earth. I smell it in the air.” – Lord of the Rings: The Fellowship of the...
BEAR TO BULL MARKET TURNAROUND? SEPTEMBER 2022 NEWSLETTER
“Merciless is the law of nature, and rapidly and irresistibly we are drawn to our doom.” – Nikola Tesla REITS -30% - TIME TO BUY? – What...
THE BEAR AWAKENS - AUGUST 2022 NEWSLETTER
“I immediately regret this decision… these bears are massive…they looked a lot smaller from up there.” – Ron Burgundy: Anchorman THE BEAR...
DECIDE ON CHANGE INSTEAD OF DISASTER: MAY 2022 NEWSLETTER
“Some people don’t like change, but you need to embrace change if the alternative is disaster.” – Elon Musk • PERFORMANCE – Serenity...
TO BUY REITS OR NOT TO BUY REITS: JUNE 2022 NEWSLETTER
“To be or not to be…that is the question” – Hamlet, Act 3, Scene 1 TO BUY REITS? – REITs are undeniably cheap relative to private market...
SURVIVE THEN THRIVE: NAVIGATING A POST-FED REIT MARKET
“Survival can be summed up in three words – never give up.” – Bear Grylls PERFORMANCE – Serenity Alternative Investments Fund I returned...
PATIENCE AND FRAGILITY: MARCH 2022 NEWSLETTER
“You cannot say with any reliability that a certain remote event or shock is more likely than another … but you can state with a lot more...
TIME TO DARE AND ENDURE: FEBRUARY 2022 NEWSLETTER
“This is no time for ease and comfort. It is time to dare and endure.” – Winston Churchill PERFORMANCE – Serenity Alternative Investments...
CREATIVITY AND FLEXIBILITY ARE REQUIREMENTS IN A HAWKISH MARKET - JANUARY 2022 NEWSLETTER
“That which is not good for the bee-hive cannot be good for the bees.” – Marcus Aurelius • PERFORMANCE – Serenity Alternative Investments...
A CINDERELLA STORY: DECEMBER 2021 NEWSLETTER
“HE GOT ALL OF THAT ONE!” – Bill Murray as Carl Spackler in Caddyshack • PERFORMANCE – Serenity Alternative Investments Fund I returned...
DID YOU PANIC? YOU SHOULD THINK AGAIN - NOVEMBER NEWSLETTER
“And now for something completely different” – Monty Python PERFORMANCE – Serenity Alternative Investments Fund I returned -0.76% in...
WHY REITS HAVE NOT REACHED THEIR PEAK - OCTOBER NEWSLETTER
“The mountain decides whether you climb or not. The art of mountaineering is knowing when to go, when to stay, and when to retreat.” – Ed...
A BRAVE NEW REIT WORLD - SEPTEMBER 2021 NEWSLETTER
• PERFORMANCE – Serenity Alternative Investments Fund I returned -3.40% in September net of fees and expenses. Year to date the fund has...
FREE YOUR MIND - SERENITY JULY/AUGUST NEWSLETTER
“You have to let it all go, Neo. Fear, doubt, and disbelief, Free your mind.” Morpheus – The Matrix • PERFORMANCE – Serenity Alternative...
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