Focused Investing Perspectives #50

No more ice fishing! It’s boat fishing now.

A very brief update.

I’ve been under the weather, for a couple weeks. Seem to be healing now so should be back to normal in a week or two.

Still, when I switched from the newsletter to Perspectives part of the idea was to be less regular in publishing it. That was a good idea and still is.

The markets have been boring. My portfolio has recovered about half what it lost in the mini-crash. But it seems more likely than not that this administration will give us more turmoil to profit from, if we only wait.

I can’t help analyzing and thinking, whenever my brain happens to be functioning. Here is a graphic I put together but seem not to have a good place to use at the moment.

I’m not trying to explain it here, except to say that each pair of stacked bars shows sources of cash or uses of cash. If you decide to figure it out it can teach you a lot about the differences between two highly regarded REITs:

Updates Ahead

I will get back to my regular material in a couple weeks. In between there will be a monthly update for paid members.

Please click that ♡ button. And please subscribe and share. Thanks!