Although the S&P 500 has roared back to something close to its former self over the past 3 months, many sectors are still feeling the brunt of the imposed mandatory lockdowns. Seritage Growth Properties (SRG), the publicly traded REIT, has come nowhere near its pre-lockdowns valuations despite showing some encouraging signs in recent sessions.
In investing, we get paid to predict the future, and the more accurate we are on our predictions, the more elevated our returns invariably turn out to be. In the current environment where we have significant rent-relief requests from sitting tenants