From a small northwestern observatory…

As many of you know, I manage a small hedge fund here at Greenfield called ACCRE, which is invested in a managed portfolio of publicly traded Real Estate Investment Trusts (REITs).  My companion blog on that is ACCRE.COM.  Returns on ACCRE have been quite good — a dollar invested in ACCRE at its inception back in April, 2017, would be worth $1.40 as of the end of November, while that same dollar invested in an S&P 500 index fund would only be worth $1.17.

That said, both the S&P and ACCRE have had a couple of bad weeks, although ACCRE has not suffered as much as the broader market.  I made some comments about that this morning, if you’re interested.  You can read those comments here.