2024-02-09 07:00:00 ET
Summary
- Great white sharks have a bad reputation due to the movie "Jaws," but they are not intentionally targeting humans.
- Office REITs, like sharks, have a bad reputation, but not all of them should be avoided.
- We would steer folks away from these three REITs, however, towards safer investments that should generate sustainable and repeatable income.
"Fifty Years After 'Jaws,' We've Learned a Lot About Great Whites," reads a recent title in Smithsonian Magazine .
How's that for an opening line about real estate investment trusts or REITs?
If it seems like an absolute non sequitur, bear with me while I make the connection much more clearly.
Just give me a bit more room to run. Or swim, as it were.
White sharks, the article says:
have a bad name. They have terrible PR based on Jaws ,' says Chris Pepin-Neff, a public policy expert at the University of Sydney in Australia who studies the politicization of shark bites."
He also blames the book and subsequent movie for heightening myths and misunderstandings, especially about how sharks deliberately target humans. "I always say, 'We're in the way, not on the menu,'" the article quotes him as explaining. "But… Jaws put [people] on the menu.'"...
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For further details see:
3 Office REITs To Avoid