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treit2002

01/27/13 8:32 PM

#27849 RE: slyestjester #27843

Jester,

Read thru the thread for the 40% --- it was a reply to you.

Capital development expense is not equity. I am not talking about return on equity. Land value is irrelevant. Marginal has the same meaning as in marginal tax bracket.

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viking86

01/27/13 8:44 PM

#27851 RE: slyestjester #27843

I believe Treit quoted Solomon as saying that the payback time for fish farms is 2.5 years. That's the source of the 40% ROI. Maybe he asked S last September on the tour?