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Subject:  CFA exercises caution on malls Date:  1/23/2020  9:47 AM
Author:  782gear Number:  85451 of 86100

Investing successfully is hard. Risks to eventual wealth sometimes appear as vigorously celebrated new solutions to vacancy as managers spin a new narrative speculating on eventual recovery.

An excellent posting recommending caution on mall selection. Author (CFA) visited several malls in northern California to illustrate his thesis: not all alternative uses (furniture, gyms, movies) attract traffic to inline shops.

Author is long PEI.

Something to think about.
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