莱纳建筑是一个价值机会，但说话者因无聊和利率敏感而避免买入。
逐段跳播
我们还有另一个典型的价值投资，涉及一个在过去几年受到经济逆风严重打击的行业，即Lennar，股票代码LEN，伯克希尔在季度内向其投入了超过2.7亿美元，增持约30%。
We have another classic valuable investment in a sector that has been badly damaged by economic headwinds over the past few years, namely Lennar, ticker symbol LEN, into which Berkshire poured more than $270 million , increasing its stake by about 30% during the quarter.
至于股票本身，最近表现相当糟糕，我们知道伯克希尔倾向于在股价暴跌时抓住大幅下跌的机会，但Lennar的股价自峰值以来已下跌超过50%。
As for the stock itself, it has been rather disastrous lately , and we know that Berkshire tends to seize opportunities at large dips when a stock is plummeting , but Lynn's stock has so far lost more than 50% of its total value since the peak.
高利率使得购房成本大幅上升，这抑制了部分需求，尤其是那些已经受到通胀影响并可能等待条件改善的首次购房者。因此，Lennar被迫将价格降至2017年的水平，导致其过去两年的销售额和利润出现萎缩。
High interest rates have made buying homes much more expensive, which is killing some demand, especially for first-time buyers who are already struggling with inflation and may be waiting for conditions to start improving. As a result, Lennar was forced to reduce its prices to 2017 levels, causing its sales and profits to shrink over the past two years.
这是在分析师预测大约在2027年或2028年复苏之前。
This is before analysts predict a recovery in approximately 2027 or 2028 .
对于那些希望以更低价格收购这家美国第二大房屋建筑商的人来说，这可能是一个好机会。在等待复苏的同时，你还可以获得不错的股息。
Well, for those looking to acquire the country's second- largest homebuilder at a much lower price now, this could be a good opportunity to do so. You can also receive good dividends while you wait for that recovery to happen.
但对我来说，这项投资有点无聊。它对利率非常敏感，而我目前对其他股票更感兴趣。因此，我自己不打算买入这只股票，至少现在不会。
But for me, this job is a bit boring. You know, it's very sensitive to interest rates, and I'm interested in other stocks at the moment . Therefore, I do not plan to buy this stock myself , at least not at this time.
但它仍然比“Missies”好得多，我认为后者没有长期未来。所以，我将把“谷歌”和“达美”各上移一位，把“Linar”放在中间，即第三位。
But it is still much better than "Missies", which I do not see having a long-term future. So, I'm going to move up "Google" and "Delta" one place to put "Linar" right in the middle at the third position.
这个频道对 $LEN 的历次判断
Ale's World of Stocks 在这只股票上只有这一条判断。