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Saturday, March 17, 2018 4:00:28 PM
The explicit guarantee - IMO so critical to a logical GOV assist to the housing liquidity market - would ONLY go to those willing to be a utility
Look back to the 50s 60s 70s 80s ? -- private utilities were not just in the game Monopoly but nearly every state for transportation or natural resources (gas and oil) or comms
Those companies had a ceiling on profits (and thus prices) but also had a near guarantee of annual profits that grew (albeit slowly) and dividends that also grew
IMO - that is our future
The big question - fully unknown - is how diluted from the 60 bucks a share we likely are worth
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