NVR Inc. (NVR) - Disciplined Home-Building

[@Tay04723]

If you had to pick one between NVR and Pulte for the portfolio which one would you prefer?

[@mjsmcd]

They also buy options to purchase land that they dont exercise until buyer confirmation

[@GOOFY14KFINDS]

I work for NVR They give us stock.

[@stockstoryteller]

That’s awesome!

[@matthewconaway3510]

I interviewed there 6 years ago and bought 3 shares. I didn’t get an offer. But I’m up 300%

[@BelfastSquid]

Is it a good company? I’ve just applied and got an interview next week

[@GrindThisGame]

Thanks for the great overview. What do you think of their peers?

[@masoudbahraini2291]

Very nice episode. One interesting question is whether they buy their lots or buy options instead. The housing market is very regional as well and some insight on that could be very helpful. I follow GRBK which is very well managed and a big chunk of the business is owned by David Einhorn.

[@stockstoryteller]

Thanks Masoud! If I am not mistaken they buy their lots, but they used to use options more. I do know their purchasing practices are more conservative than they were in prior decades.

[@manemrob1510]

​@@stockstoryteller almost all of their houses are built through buying land options of ready to build lots.

[@ToddlerTamil]

Great overview. Thanks! I think you could delve more into the business model of the company in comparison to its competitors. That will give a glimpse into the competitive advantage. For e.g, NVR's advantage comes from their land light strategy which other competitors are catching upto now.

[@stockstoryteller]

Thank you for the comment!

[@kanokyumyum2830]

Thanks for data good🎉

[@lijiang1803]

this is great you should get more views

[@stockstoryteller]

Thank you!

[@vermasean]

Nice breakdown! Obligatory Liked and Sub’d 👍▶️

[@rowanwood5397]

excellent analysis. are you on twitter? i want to follow you.

[@stockstoryteller]

Thanks! Yes, @stckstryteller