Ari Lazar sees value in $KW
Yet Another Value Podcast
00:00
I Think You're Not a Hairdresser, Right?
i have heard real estate company trading at a discount to n a b forever, right? Howard hughes. The one i really think, which are not perfect comps here are vernado and s l green,. Both of them, you know, s l green attacks their share count. They buy back so many shares. Vernado actually has said, if i remember correctly, steve roth, icon of real estate, he says, hey, we don't believe in buying back our shares because we actually think, even if our shares are to 50 % discount, the returns we can get from going and developing the next sky scraper in new york actually create more value than
Transcript
Play full episode
