The Handbook of Commercial Mortgage-Backed Securities, 2nd Edition
Index

Compras Nikon
Bluetooth
1 More of market commentary in nature than analytical
I am a newbie in the REIT field, I read this book with a view to understand the market better and to understand the basic concepts involved in this field. While I must say I did pick up some basic concepts I don't think I understand the market much better than before. The concepts I did pick up was not being explained in detail by the author but he was using those factors and parameters to explain why market behaved in a particular way during, say, the 1985-1990 period.

Now, this is certainly not the book for the beginner, certainly not the book for somebody who wants to analyze how profitable a REIT would be... the mathematical formulas used in the books might be useful for the ones setting up the REIT, but for others, it's certainly not worth the money.

Sunday, 06-Jul-2008 03:34:18 CDT
Quote of the Day:


	My message is not that biological determinists were bad scientists or

even that they were always wrong.  Rather, I believe that science must be

understood as a social phenomenon, a gutsy, human enterprise, not the work of

robots programmed to collect pure information.  I also present this view as

an upbeat for science, not as a gloomy epitaph for a noble hope sacrificed on

the alter of human limitations.

	I believe that a factual reality exists and that science, though often

in an obtuse and erratic manner, can learn about it.  Galileo was not shown

the instruments of torture in an abstract debate about lunar motion.  He had

threatened the Church's conventional argument for social and doctrinal

stability:  the static world order with planets circling about a central

earth, priests subordinate to the Pope and serfs to their lord.  But the

Church soon made its peace with Galileo's cosmology.  They had no choice; the

earth really does revolve about the sun.

		-- S.J. Gould, "The Mismeasure of Man"






The buffalo isn't as dangerous as everyone makes him out to be.

Statistics prove that in the United States more Americans are killed in

automobile accidents than are killed by buffalo.

		-- Art Buchwald