Lester Golden
Jul 27, 2023

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So it's not whole market that's expensive, but it's the more concentrated version of the Nifty 50. History rhymes.
Right now the market hates industrial and triple net lease REITs selling at 10 to 30% below NAV with rent escalators. I sell cash supported BTM puts on them every month, getting well paid to be wrong if they don't drop to my strike price.

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Lester Golden
Lester Golden

Written by Lester Golden

From Latvia & Porto I write to share learning from an academic&business life in 8 languages in 5 countries & seeing fascism die in Portugal&Spain in1974 & 1976.

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