Trying to hear what's not being said
July 26, 2024 Leave a comment
When asset prices are trading (on a weekly basis) 3 standard deviations above their ‘rolling mean’ and at a certain percentage above its 200 week moving average, for those electing to initiate or maintain a long position should re-consider the probabilities of doing so.
The study below features the stock price for Jones Lang LaSalle.
#JLL
July 26, 2024
by Rob Zdravevski
rob@karriasset.com.au
November 15, 2023 Leave a comment
A month ago, I wrote this article eluded to my belief that “Big Cities Won’t Die” and I cited the shares of Jones Lang LaSalle (JLL) as one way I’l express my investment view.
https://robzdravevski.com/2023/10/12/big-cities-wont-die-jll/
The chart within the article featured an area where I wrote “the rectangles are moments to buy and accumulate”
That area was around the $118 – $128 region.
The stock traded down to $119.50. I was a buyer at $124.
Tomorrow (in Wednesday’s U.S. trading session), I am selling.
The stock closed today at $151.
Why am I selling?
It’s a 21% return within 3 weeks.
That’s more than 4 years worth of bank interest, earned under 1 month.
And I’m not a buyer at $151.
And I’m not confusing skill with being fortuitous.
I’m taking the profit, there are gaps below.
November 15, 2023
by Rob Zdravevski
rob@karriasset.com.au
September 28, 2020 Leave a comment
Reports and theories about cities “dying” are greatly exaggerated.
The novelty and convenience of working from home should wear off and if you are ‘institutionalised’, commercial reality and economic necessity will prevail.
Falling rents, a social yearning amongst those in their 20’s and 30’s and the fact that innovation or progress tends to be more successful in an environment of physical collegiality…….are some of the reasons which will bring people back to the office.
Although some regional centres and cities may prosper, it’s difficult to believe that great cities such as New York and London won’t bounce back.
The investment opportunities will then be in the re-valued property sector and the ancillary commercial real estate services such as Jones Lang LaSalle and OTIS Worldwide.
September 28, 2020
By Rob Zdravevski
rob@karriasset.com.au
rob zdravevski's blog 
Inversely, there is an increasing demand for warehousing and distribution facilities.
I’m yet to form a view on commercial office real estate.