Date: December 1st, 2006

Press de-REIT

1 December, 2006 (11:05) | Uncategorized |

Markets work because they harness the law of economic gravity to the mystery of human self-acquisitive competitiveness.  Over time, they reach equilibrium of sorts, or at least a gravitic framework, where certain things are presumed to be true:
 
·         Investment flows into the most efficient capital-raising vehicle.
·         Capital flows from the most risk-tolerant (or risk-perceptive) source.
·         [...]