Is Macerich Co. (MAC) A Smart Long-Term Buy?

East 72, an investment management firm, published its third-quarter 2021 investor letter – a copy of which can be downloaded here.  A quarterly portfolio gross return of 2.1% was recorded by the fund for the third quarter of 2021 and a +36.7% gross return over the fiscal year. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.

East 72, in its Q3 2021 investor letter, mentioned The Macerich Company (NYSE: MAC) and discussed its stance on the...