Watch that Rat Hole

And Witness the REIT Revolution

by Kenneth D. Campbell



Book Details

Language : English
Publication Date : 1/3/2016

Format : Softcover
Dimensions : 6x9
Page Count : 582
ISBN : 9781480823167
Format : E-Book
Dimensions : N/A
Page Count : 582
ISBN : 9781480823150
Format : Hardcover
Dimensions : 6x9
Page Count : 582
ISBN : 9781480823143

About the Book

Leaving his Pennsylvania steel town home as a young man, author Kenneth D. Campbell scrambled to land a magazine writer’s job in Manhattan. He followed his new boss’s instruction to “Watch that rat hole,” newspaper slang for a “beat” or coverage topic. Campbell’s “rat hole” was the real estate investment trusts or REITs, untested entities just approved by Congress.

In Watch that Rat Hole, Campbell intertwines his personal journey with his unique observations as an investment newsletter editor witnessing the REIT Revolution—his rat hole. He tells how that casual assignment became a distinguished lifework in three areas:

Writing—Campbell wrote an influential REIT stock market newsletter and co-authored the first hardcover REIT book;

Investment banking—He and his partner advised on more than two dozen mergers and acquisitions;

Managing money—Campbell co-founded a major realty stock money manager.

In addition, he provides an insider’s take on investment styles of 1980s activists including Carl Icahn, Michael Milken, Leland Speed, Sam Zell, and Warren Buffett and their nearly two dozen company purchases and takeovers. And, he presents valuable insights into a number of business and stock market issues.

Offering personal recollections of the world of real-estate investment, Watch that Rat Hole gives insight into REITs, this little-understood—but pivotal—area of business and finance.

About the Author

Kenneth D. Campbell created and edited an influential investment newsletter for twenty years; co-wrote The Real Estate Trusts: America’s Newest Billionaires, first full-length book on REITs; and co-founded a global firm managing $22 billion in assets. Now eighty-six, Campbell lives with Irene, his wife of sixty-four years, outside Philadelphia.