- Some mortgage REITs are still attractive, but several are not. We recently warned investors about one of the less attractive deals, down more than 11%.
- This lesson illustrates the importance of price-to-book ratios, which is a topic we continue drilling into investors.
- Investors don’t need to get fancy in their analysis. They need to understand the fundamentals first. Most investors simply don’t understand the fundamentals at all.
- We suggested a pair trade two days ago with a goal of 5% to 10% returns. It hit that level today. Tell me again about how mortgage REITs are hard.
For further details see:
Mortgage REIT Carnage