Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Funny it's framed as "contrarian"

[DZtrader]

Was just watching a clip from CNBC with Brian Belski and others. Funny timing as I was just yesterday trying to enlightened Rumpled4skin about sentiment,headwinds and other factors still pressuring the Reit sector. I think this clip reenforces those thoughts. As noted in that post it will not happen overnight. Personally I am on record of advocating buying this sector over a month ago and I have added to positions over the last while myself. I remain comfortable in suggesting we will benefit nicely over time both distribution wise as well as capitol appreciation. Despite the wining from puss nuts I don't see any blood bath nor returning to a 5 handle on Artis. Everytime I see one of his headlines it resonates "a fool and their money soon parts". He can not grasp market positioning nor interperate how data influences stocks as well as the market. EVERYTHING is subject to movement, sometimes up sometime down. Daily gyrations are a norm, watch a trend developing. Reits will trend higher this year from what I see. Beyond tired and sick of seeing uneducated commentary from this clown. Happy trading anyways. Enjoy the clip below.





Bet on REITs in 2024, says BMO's Brian Belski

 

https://www.cnbc.com/video/2024/01/10/bet-on-reits-in-2024-says-bmos-brian-belski.html?__source=androidappshare

 

[garyreins]

It's contrarian cause no one wants to touch these toxic vehicles that crater 20% after a Powell press conference 

[rad10]

Thanks DZ I am overweight (not just from post Christmas XS), but reset preferreds, financials and REITs. "Not all REITS are created equal"

[DZtrader]

Hey Rad, I was well overweight financials, to be more specific CM, I just had to trim as it had a significant upward move. Regretting trimming as I knew/thought better but have to remain disciplined. I am well overweight MFC right now and also have to trim but haven't. I have a small position in Artis as well as three or four other reits now plus U.S. reits. I have considerable other holdings

[Frankie10]

Remain disciplined. I have felt this way for months now trimming my Bitcoin and Bitcoin proxy exposures. But we must remain disciplined. I personally set minimum and maximum exposures for each asset class on an equity basis (LOTS of leverage in real estate component of overall portfolio), and every time my model flashes that Bitcoin has crossed the 25% mark I trim and rebal/reduce leverage. Cheers

[DZtrader]

Hey Frankie, how goes the battle? Discipline a must. Human nature always trying to creep in and ness with things. That and emotions................stay ridged dude. DZ

[Frankie10]

Very challenging when you are the emotional Italian I am - hightened emotion is in my blood, along with soccer, pasta, and family. This is why I build robust models and let them dictate flows and allocation. Allows me to kick my feet up enjoy the show.