SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Galapagos Islands
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HoodBuilder who wrote (48360)10/24/2003 10:59:59 AM
From: X Y Zebra  Read Replies (1) of 57110
 
Well, I have been involved in real estate since the dinosaur age and lately, I am succumbing to the craze & daze that "Lady Development" seems to offer, in spite of the torture chambers of city hall -g (but only because I will surround myself with the best architects, soil geotechs, engineers and builders)... and only warehouses since I am not courageous enough to try homes... I could not stand somebody telling me that the color I chose for carpets does not agree with their "pastel" something... -g

Warehouses are unglamorous but safe and there are no "rent control boards" telling you that you cannot evict the dead-beats that just destroyed your apartment house -ggg

As for shorting home-builders and REITS... hmmm I tried RYL (The Ryland Group) for a while and I was extremely lucky to get away with a tiny measel profit and decided they were too strong and walked away from trying to short this market, actually what helped me was that I sold puts against my short position, so as I was sweating bullets on the underlying, I actually made ok money on the option... but the fundamental reason to short most anything in the last what.... six months or so...has been crazy... so I quit a long time ago, bar some intra-day stuff that has not been successful at all.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News