Tritax Big Box REIT – ‘be greedy when others are fearful’ value
Perhaps the great Warren Buffett’s most well-known investment saying is ‘to be fearful when others are greedy and to be greedy when others are fearful’. With the tariffs chaos unleashed by Donald Trump, it has recently largely been fear which has reigned on global stock markets and, considering the roots of that fear, that is particularly so on global trade volumes. However, Trump’s subsequent moves already suggest the fear is likely overdone and we, therefore, now look to be greedy amidst the logistics sector fear with a business whose shares were already valuing it at a material discount to its end-2024 £4.6 billion European Public Real Estate Association (EPRA)-basis Net Tangible Assets.


