Inactive

Roughly 60% of our real estate cash flow is systematically invested in low-cost index funds through dollar-cost averaging. This conservative passive strategy establishes a liquid cushion for unforeseen expenses while capturing an arbitrage spread against our average 3% fixed property debt.

Active

Roughly 40% of our real estate cash flow is systematically invested in large-cap companies, where we aim to acquire ownership in good, durable companies at a fair price. Below are some of our current/past holdings in this category.