@ArchiteuthisDx @ShaiDardashti @silverbull0 @benbakhshi The big question, which applies to $RDI as well. But the people involved aren't getting younger. I feel comfortable with the horizons today, whereas more like five years ago, I would not have been interested.
@ArchiteuthisDx @ShaiDardashti @silverbull0 @benbakhshi I was noting to another friend that I view $BX as an analog, especially to $VNO today; I remember studying the former when it was selling for $5 in 2009. I did not buy; possibly my biggest mistake of omission.
@ArchiteuthisDx @ShaiDardashti @silverbull0 @benbakhshi But the point I made to him was that $BX was never a great *trade*, especially before 2021. Yet, it was a sensational *investment* from 2009 until today, with monstrous dividends for most of the way.
@ArchiteuthisDx @ShaiDardashti @silverbull0 @benbakhshi That is how I view the real estate portfolio; it will never look like a great trade or YOLO. But how will it perform over ten to fifteen years?
@ArchiteuthisDx @ShaiDardashti @silverbull0 @benbakhshi Perhaps this never goes away, but the biggest mistake that I see in investing is everybody being deeply concerned about the next one year, with total silence regarding the next ten. With real estate, we #neversell.
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