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Chroma Investing

Value Investing for beginning & small time investors and the value investing strategies of Graham & Klarman

Bearish Real Estate Investing News

Posted on | August 29, 2009 | No Comments

In the final installment of Bearish indicators, I have moved away from the Stock Market completely but to the area of real estate. Why?

Everyone seems to think the recovery of the real estate market is the secret sauce that will get us out of the bad times were are in (even if the recession is “technically” over).Whitney Tilson, who wrote the original article,  is a co-founder of T2 and he established the Value Investing Congress a twice yearly, value investing conference for the value vesting geeks. He recently wrote a book called More Mortgage Meltdown: 6 Ways to Profit in These Bad TimesMore Mortgage Meltdown: 6 Ways to Profit in these Bad Times, with his partner Glenn Tongue. A book very high on my list to read.

I read the original article about the Real Estate Crisis last year and I was so convinced by the presentation that I have been bearish every since. Recently, I wondered if the presentation An Overview of the Housing Crisis and why there is more pain to Come had been updated. I mean a lot has happened since last year. It was updated last month. Still very scary stuff. Think about the bank stocks again in light of this info. Still think they are undervalued?

Note:  you will be going to Scribd to get access to this presentation. You will need to sign up to download it.

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