02-20-2020, 05:01 PM
It's just such a weird situation. I don't ever recall a time most Utes appear uninvestable on valuation. It's a lot like bidding up a 3% yielding bond 50% or more in some cases. REITs and financials like insurance seem to be one of the few places to get around so4% without excessive valuation or an industry with severe headwinds.