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Joseph
http://www.dimpledbrain.com
Just as an investor buying a house uses some of his own savings (equity) and a loan from a bank (debt) to buy a house, a REIT raises money from investors (equity) and takes a loan from banks (debt) to fund its properties. The ratio of debt
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“The observation of the numerous misfortunes that attend all conditions forbids us to grow insolent upon our present enjoyments, or to admire a man's happiness that may yet, in course of time, suffer change. For the uncertain future has yet to come, with all variety of future; and to him only to whom the divinity has [guaranteed] continued happiness until the end we may call happy.”
― Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
― Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
“We cannot change the cards we are dealt, just how we play the hand.”
― The Last Lecture
― The Last Lecture
“The safest road to Hell is the gradual one—the gentle slope, soft underfoot, without sudden turnings, without milestones, without signposts.”
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“So teach us to number our days, so that we may apply our hearts unto wisdom.”
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“You can hide memories, but you can't erase the history that produced them.”
― Colorless Tsukuru Tazaki and His Years of Pilgrimage
― Colorless Tsukuru Tazaki and His Years of Pilgrimage
12 Books - Author Led Business Book Group
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— last activity Jul 09, 2021 04:02AM
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Best Books
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— last activity Apr 23, 2009 03:24PM
Read the best books first, or you may not have a chance to read them all.
Joseph’s 2025 Year in Books
Take a look at Joseph’s Year in Books, including some fun facts about their reading.
3,140 books
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465 friends
526 books
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963 friends
2,881 books
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734 friends
1,033 books
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59 friends
853 books
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2,772 friends
12,480 books
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61 friends
6,298 books
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121 friends
842 books
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558 friends
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