Reading, Watching, Listening, and Learning: Elon Musk and Bruce Flatt

I have decided to modify the Podcast/Media curation series of posts to focus on resources and media that I want to catalogue here to assemble for our future reference.  I am creating a separate post category for these “Reading, Watching, Listening, and Learning” posts.  Over time, I will pull in my prior posts on podcasts, presentations, articles, and books to help us quickly find the post/links.  This time, I’m going to share a couple of videos and related thoughts, concerning Elon Musk and Bruce Flatt. Continue reading “Reading, Watching, Listening, and Learning: Elon Musk and Bruce Flatt”

Good Things…

This is another in my series of media curation posts.  Hopefully you are enjoying these podcasts and other finance-related content.  This week, I have another new podcast and we venture back into the world of REITs and real estate. Continue reading “Good Things…”

Bed, Bath & an Abomination?

Bed, Bath & Beyond (“BBBY”) reported earnings on Thursday this past week.  While they “beat consensus estimates” the stock was down around 20% on the day.  More interesting to me is that retail REITs were down around 2% on the day based on the BBBY news.  I am going to take a quick look at BBBY the earnings report (and conference call).  Perhaps more interestingly, we will look at which of the landlords we previously examined has the most BBBY exposure. Continue reading “Bed, Bath & an Abomination?”

Retail REITs: Brookfield’s Acquisition of General Growth Properties

Since my post about retail REITs, Brookfield Asset Management (“BAM”) entered into an agreement to acquire a mall REIT, General Growth Properties (“GGP”), so I thought we should take a quick look at that comparable transaction as a touchstone for sector valuations and also because the terms looked interesting.   Continue reading “Retail REITs: Brookfield’s Acquisition of General Growth Properties”

Retail REITs: Apocalypse or Opportunity?

For several months now I have been thinking about the retail landscape, more specifically, landlords who own rental properties occupied by retailers.

The challenges facing retail are well publicized and include the Amazonian “Death Star” obliterating all retailers and a number of high profile retail bankruptcies (recently, Toys R’ Us and Clare’s).  I think the general consensus is that retail focused REITs are cheap, but for good reason.  I may have a different view. Continue reading “Retail REITs: Apocalypse or Opportunity?”