While searching for a reason for LGIH’s plunge today, I came upon this Seeking Alpha post from January 9. https://seekingalpha.com/article/4136199-homebuilders-go-big… Good background on housing. Comments worth reading. No mention of LGIH. Interesting to look at ASP for the builders, and how LGIH is in a league of its own.

Terrible day for me so far. Like a sector rotation away from KC’s portfolio.

Anyway, what was my “fat pitch price”? Have to look up that post. Not quite in the ballpark yet, I don’t think.



Fat pitch was $65-$66. Now $69.45. I added a little at $69.56. Not much, increased position by 8%, the add less than 1% of portfolio. Probably add more if it goes to $65 with no news.


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