Armour Residential REIT: Why I'm Watching It, But Not Buying Yet

Core Insights - The individual has extensive experience in the oil and gas sector, particularly in the Middle East, which informs their investment strategy [1] - The investment approach has evolved from growth investing to a blend of value and growth, focusing on business fundamentals and competitive advantages [1] - There is a shift towards income-generating assets as retirement approaches, emphasizing dividend-paying equities and REITs [1] Investment Philosophy - The investment strategy prioritizes understanding the underlying economics of businesses and their ability to generate consistent free cash flow [1] - A moderately conservative orientation is adopted, aiming to minimize downside risk while seeking upside potential [1] - Investing is viewed as a means to achieve peace of mind, not just high returns, with a focus on ecologically sensitive businesses [1]