i've had my eye on joe for a long time, even owned some many years ago. i keep hesitating on a purchase because of the drumbeat of articles about the insurance market for florida properties. insurers are leaving the market, rates are rising rapidly for those that are still there, and the state's own coverage plan is wholly inadequate. how do you evaluate this risk? are you concerned this will increasingly handicap joe's growth?
i've had my eye on joe for a long time, even owned some many years ago. i keep hesitating on a purchase because of the drumbeat of articles about the insurance market for florida properties. insurers are leaving the market, rates are rising rapidly for those that are still there, and the state's own coverage plan is wholly inadequate. how do you evaluate this risk? are you concerned this will increasingly handicap joe's growth?
I wish Tejon Ranch had as favorable a jurisdiction. California doesn’t let them do much with their land.
No mention of David Einhorn's decade long short of the company?
Any catalyst to unlock the hidden asset value?
Got my eye on since the strong numbers last report. Great article here and thanks for the further information 👏