hi citycyclonegiraffe,
Thanks for the quick response in elaborating.
The interesting part is not about this ratio persay as a method. The interesting lesson is actually what is the principle behind using this ratio as a method?
This kind of 100:10:3:1 ratio probably applies to the other most important things in life:
(1) Looking for a life partner. Girls shouldn't go out with every guy who chases them. And then she shouldn't have a BGR with every guy she goes out with. Of all the BGRs, she should only marry one. Of course, some girls don't have a lot guys chasing them, so one needs to adjust the ratio accordingly. But there are downsides whether you choose too high or low the ratio.
(2) Our children's upbringing and education. For most parents who are lucky enough, we are probably bombarded with many options of the skills (sports, arts etc) and education (from early pre-K schools to eventual tertiary institutions) to provide for our children. If parents have not considered all these options enough, they are probably not doing enough justice to their children.
(3) Looking for a career (or success in building a product). Of course, most times we might have no choice. If we do realize we have choices at times, it is probably apt for one to try to hear the rhythm of his drummer. On the other end, alot of the towkays and more recently, the tech founders, have tried much more things during their journey, before they eventually made the breakthrough with that 1 business or product.
I will now stop my digression and go back to the original intent to answer your question. Your original question was whether this particular ratio applies to REITs or not? IMHO, i feel this is not the correct question to ask. The correct question to ask would be "What is the principle behind this particular ratio?
Methods are abundant in this world (especially in this post truth one where everyone has an online opinion). It is easy to get lost trying to leverage methods. It is the principles that are durable and leverage-able across fields. What is the difference between methods and principles?
I probably didn't answer your question directly. But if i do (answer it directly), then it defeats the purpose of me trying to represent that there is a difference between methods and principles, and understanding the principle is more important than any methods you read online.
Thanks for the quick response in elaborating.
The interesting part is not about this ratio persay as a method. The interesting lesson is actually what is the principle behind using this ratio as a method?
This kind of 100:10:3:1 ratio probably applies to the other most important things in life:
(1) Looking for a life partner. Girls shouldn't go out with every guy who chases them. And then she shouldn't have a BGR with every guy she goes out with. Of all the BGRs, she should only marry one. Of course, some girls don't have a lot guys chasing them, so one needs to adjust the ratio accordingly. But there are downsides whether you choose too high or low the ratio.
(2) Our children's upbringing and education. For most parents who are lucky enough, we are probably bombarded with many options of the skills (sports, arts etc) and education (from early pre-K schools to eventual tertiary institutions) to provide for our children. If parents have not considered all these options enough, they are probably not doing enough justice to their children.
(3) Looking for a career (or success in building a product). Of course, most times we might have no choice. If we do realize we have choices at times, it is probably apt for one to try to hear the rhythm of his drummer. On the other end, alot of the towkays and more recently, the tech founders, have tried much more things during their journey, before they eventually made the breakthrough with that 1 business or product.
I will now stop my digression and go back to the original intent to answer your question. Your original question was whether this particular ratio applies to REITs or not? IMHO, i feel this is not the correct question to ask. The correct question to ask would be "What is the principle behind this particular ratio?
Methods are abundant in this world (especially in this post truth one where everyone has an online opinion). It is easy to get lost trying to leverage methods. It is the principles that are durable and leverage-able across fields. What is the difference between methods and principles?
I probably didn't answer your question directly. But if i do (answer it directly), then it defeats the purpose of me trying to represent that there is a difference between methods and principles, and understanding the principle is more important than any methods you read online.