tag:blogger.com,1999:blog-1110014885778996459.post8782739888045623565..comments2024-03-19T00:14:05.122-07:00Comments on Idiosyncratic Whisk: You should invest passively because markets are INefficient.Kevin Erdmannhttp://www.blogger.com/profile/07431566729667544886noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1110014885778996459.post-62880483566707721982014-12-06T01:04:09.139-07:002014-12-06T01:04:09.139-07:00That's a good question. I think there is, due ...That's a good question. I think there is, due to the threat of going private transactions. Also mortage REITs are way interesting.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-59339729634918320982014-12-04T22:40:10.731-07:002014-12-04T22:40:10.731-07:00I don't think there is a systematic, persisten...I don't think there is a systematic, persistent gain to be had from naively trading against NAV gaps, is there? But, regardless, that's certainly an interesting speculative idea. Do you have some ticker symbols to suggest?Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-24500814480025349802014-12-04T21:44:16.146-07:002014-12-04T21:44:16.146-07:00Kevin: REITs. Sometimes a REIT will trade above ne...Kevin: REITs. Sometimes a REIT will trade above net asset values and sometimes below. But it seems to me that a REIT market cap and its net asset value should always be the same. BTW you can buy REITs for some Southern European nations now at 50% of NAV.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com