Housing Starts Fall To Annual Rate Of 956k In August first appeared on Floating Path.
Privately-owned housing starts in August were at a seasonally adjusted annual rate of 956k. This is 14.4% below the revised July estimate of 1.117 million, and is 8.0% above the August 2013 rate of 885k.
Single-family starts decreased to an annual rate of 643k from 659k and multi-unit starts decreased to 313k from 458k.
In his book, The Dhandho Investor: The Low–Risk Value Method to High Returns, Mohnish Pabrai coined an investment approach known as "Heads I win; Tails I don't lose much." Q3 2021 hedge fund letters, conferences and more The principle behind this approach was relatively simple. Pabrai explained that he was only looking for securities with Read More