It's inevitable public/private REITs converge, it always happens. Who's to say public just catch up and private REITs don't fall off very hard (if at all)? This would obviously still be good for your thesis but if private REITs get annihilated public are probably going to as well (more than they already have).
I "trade" systems that have ~100 years of proven performance. That whittles down the indicators---a lot. It also simplifies things.
Yes, there are different variables that out-perform for some period of time, hours, months, days, years, decades, even.
See the careers of Bill Miller, Ken Heebner, Cathie Wood. Over a pretty long period of time (e.g. >10 years) their "system" worked great. So, everybody thought that was "long term". Nope. Long term is 1 century.
Good work.
On the baseball metrics, for somebody who spent time in a MLB organization and did Stratomatic (look it up), I never understood why the first guys who did this publicized it and their metrics (which I think they did). The game changes too- look at the differences in the strike zone, and even the ball now. They used to scrupulously guard the ball performance - I mean for many decades. Now they juice/adjust "as necessary".
Love it!! Good luck.
It's inevitable public/private REITs converge, it always happens. Who's to say public just catch up and private REITs don't fall off very hard (if at all)? This would obviously still be good for your thesis but if private REITs get annihilated public are probably going to as well (more than they already have).
That scenario is very possible, no doubt about it.
Time frame/scale matters.
I "trade" systems that have ~100 years of proven performance. That whittles down the indicators---a lot. It also simplifies things.
Yes, there are different variables that out-perform for some period of time, hours, months, days, years, decades, even.
See the careers of Bill Miller, Ken Heebner, Cathie Wood. Over a pretty long period of time (e.g. >10 years) their "system" worked great. So, everybody thought that was "long term". Nope. Long term is 1 century.
Good work.
On the baseball metrics, for somebody who spent time in a MLB organization and did Stratomatic (look it up), I never understood why the first guys who did this publicized it and their metrics (which I think they did). The game changes too- look at the differences in the strike zone, and even the ball now. They used to scrupulously guard the ball performance - I mean for many decades. Now they juice/adjust "as necessary".
Thanks for the post.