Contrarian Value Ideas

[fung_derf]

I like the idea of $LAND, but they continually lose money. They raise the dividend annually, but not enough to matter. Looks like they spiked due to Covid.
I'd say its trading now around its fair market value.
I have a couple fraternity brothers in California, and owning land there is a nightmare they tell me. Spot one endangered moth and the land becomes useless.