Alexander's: Fed Tailwinds Drive FFO Growth

2025 has been a good year for Alexander's, Inc. ( ALX ), with the shares delivering a total return of ~19%, well above the ~3% gain for the Vanguard Real Estate Index Fund ETF (I ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered calls and cash secured puts. I approach investing purely from a fund ...