REITs, Direct Real Estate, and the Stock Market: Portfolio Diversification Implications The philosophy puzzle of a tree falling unnoticed in the forest has a corollary in the investment world. What happens when a longstanding investment question is answered if the market is not listening? A Swiss research paper from 2012 conclusively answers a question that ought to be on the … [Read more...] about Are REITs Real Estate? Groundbreaking Research Offers Surprising Answers