STRS LOVES to brag! But how have they REALLY been doing in the real estate market, on YOUR DIME? Take an aspirin, then take a look!

From John Curry

March 14, 2022

STRS is always bragging how their "premier" retirement system's investment staff is doing. Well....let us take a visit to the Ohio Retirement Study Council's data bank and see just how "premier" this fine staff is doing! Let's see how their (actually OUR) investors did over the "long haul" of the last 5, 7 and 10 years in real estate.

There are 15 comparisons on this page from the ORSC - 5 comparisons for a 5 year period, 5 comparisons for a 7 year period and 5 comparisons for a 10 year period. 3x5 = 15 categories. WE GOT OUR BUTT KICKED IN ALL 15!!!!! We have 4 "satellite" real estate offices (San Francisco, Chicago, Atlanta and New York City) and we can't even beat our other retirement system real estate figures in the State of Ohio. WHAT'S WRONG WITH THIS PICTURE???

Sorry about the HPRS (Highway Patrol Retirement System) not coming across clearly in this copy .... so I had to hand write those figures in. YOU CAN SEE THIS SAME PAGE BY CLICKING ON THE LINK BELOW AND GOING TO PAGE 32 OF THE STUDY. Yes, you'll have to download this and enlarge to see it clearly. If you just click on the image below it will enlarge some.

P.S. What do you think would happen if Ohio State lost 15 football games in a row? I think I know....and it wouldn't involve heaping millions of dollars in bonuses on them, would it?

https://orsc.org/Assets/Reports/1473.pdf?fbclid=IwAR37kMYBV1kEd-79IGocfXhFSk-c5tHMUmCI2cuK0hqXINXtEZysXCUtk24