2024-03-14 07:00:00 ET
Summary
- As my followers know, I enjoy writing about the importance of acknowledging past failures and learning from them to avoid similar mistakes in the future.
- I frequently provide personal examples of avoidable mistakes, such as a bad business partnership and a lack of portfolio diversification.
- In this article, I will highlight three REITs that are currently undervalued and worth considering: Broadstone Net Lease, Highwoods Properties, and Crown Castle.
I can’t say I enjoy talking about my past failures, like how I’ve lost money. But I figure that:
- It’s the mark of a healthy adult
- It could keep you from similar failures.
If it were completely up to me, of course, I wouldn’t be writing this article at all. Because, if it were completely up to me, I wouldn’t make any mistakes at all.
Reality being reality though, I’ve made my fair share of bad calls. Some of them have been innocent, with me making the best possible decision based on the information I had – only for time to provide additional details that outweighed my previous assessments.
Other times, I really should have known better.
One example of the former category would be when my business partnership fell to pieces. I genuinely had no idea the man was capable of doing what he did – which was going behind my back to take out additional mortgages on properties we jointly owned....
Read the full article on Seeking Alpha
For further details see:
Another One Of My Lessons Learned: Perseverance Pays Off