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 Ks Abc1003 2011

Kansas Monthly Report 2011-2025 Form

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David it's great to have you here today the home builders have been on an incredible run taking some profits or is this the start of something bigger to the downside I think with KB Homes we've still got a lot of upside look the current valuation implies that profits will permanently decline by 50 percent and we all know the underlying economics and Tailwinds for the Housing Industry are really strong I think people are overreacting to the interest rate thing you know back in the 80s people were buying homes at seven and eight percent mortgage rates so you know the rise that we've seen relatively to a longer history is really not that bad and these businesses a lot of these home builders are still super cheap and next up is shares of Bud after Deutsche Bank upgraded the stock to buy despite recent headwinds in the political Firestorm and David I wonder in this case do you think that bud is going to sort of melt up to where it was pre-controversy and sort of eras

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