Giving credit where credit is due.RKJK picked a downward move in...

Giving credit where credit is due.
RKJK picked a downward move in TOL. I vehemently disagreed as I saw no reason based on the operational excellence. And i believe that the price is well below the worth of the business. But, the market disagrees and as one smart operator said, the market can stay irrational longer than you can stay solvent. I cannot pick the bottom and intend not to, but picking up a great business that has a global reach, is well managed, is financially sound and the owner has his own skin in the game at attractive prices is what its all about.

I welcome TOL at these prices during these periods of pessimism, fear and spiraled emotion.