**The stock is $31 discounted from buffets purchase last year**
**4 forces are holding it down 1)inflation 2)labor costs 3) rates 4) Oil prices**
**The war is causing the price to be depressed right now that why its a good time to buy.**
**Other than labor cost it seems that the others forces could slowly erode over the next two years.**
**After ice shipped off all the cheapest labor home builders are spending more there but I don’t see that changing.**
**LENNARs products look awesome and they are building beautiful community living. even more beautiful is their fundament change in how they are extracting money from their land lite model and putting it back into the business in the form of in house loans, that remove a barrier in the sale of the home since rates are so high. Critics are now hating lennars use of capital because they are not matching the banks rates. People hate that. I love that they are getting bashed for making money at a significant increase instead of having the money sit in literal dirt. Looks like a play out of DR Hortons playbook. \`**
**The best part is that to streamline logistics LENNAR is now using plantir to understand and make better decisions.**
**On a graham checklist from hety this is what I found**
|Adequate size|Lennar's market cap of $20.39B clears Graham's $2B minimum — large enough to be an established, resilient business.|
|:-|:-|
|Low Debt to Equity|Lennar runs a debt-to-equity of 0.29, under the 1.1 ceiling — it doesn't owe much more than it owns, so the balance sheet is sound.|
|Earnings Stability|Lennar has stayed profitable with 10-yr avg earnings growth of 18.0% — no collapse, a sign of a durable business.|
|Dividend History|Lennar pays a dividend (yield 2.4%), returning real cash to shareholders — a hallmark of a mature firm.|
|Earnings Growth|Lennar's 10-yr avg earnings growth of 18.0% clears the 3% bar — the business is genuinely expanding, not treading water.|
|Moderate P/E|Lennar trades at a P/E of 12.9, under 15 — you're not overpaying for each dollar of profit.|
|Moderate P/B|Lennar's price-to-book of 0.92 is under 1.5 — there's real asset value backing the share price.|