HHC, bought in about a year ago.....good way to ride the housing wave, imo
What I like about this biz,
- artificially low BV
- un-imitable commercial properties in NY and elsewhere that will ALWAYS be of high value
- facing a rising tide in housing,
- all star management (according to Ackman)
- large insider ownership and equity purchases with their own cold hard cash
I plan to own this for at least 3-5 years. Or until I see a better opportunity to allocate the $ of course.