Original review: Howard Hughes Holdings - Ackman's Berkshire?
Tag for finding my other articles on this stock: HHH
About this blog: I have been investing for 25 years, professionally and personally. I look for stocks that have a high probability of compounding at 15% for at least 5 years with limited downside. I write these stocks up on my blog. You can find more about me, my philosophy, my mental models, and my portfolio structure on my site.
Key takeaways
Howard Hughes released a new set of metrics and valuation methodologies. These are useful, especially adjusted maintenance free cash flow for the Operating Assets segment. Management peg per share value at $104 today with potential for $211 by 2030 - their deck is linked below. Share price today is $63.
Thesis and valuation update