Joseph, a dollar bet it is...
That was my call in a decent market correction
These hedge funds are going to get pasted imho, and then as we saw they have to sell everything regardless of prices -- and FnF is far from liquid market
...so when they start selling next time, against more pessimistic backdrop ex SCOTUS, I think it could be MUCH worse
BTW Was just visiting Pensacola beach and went down to see the St. Joe developments -- Berkowitz is no dummy, that is stunning beach front... rising sea levels and increased hurricane activity due to sea temp rises, not withstanding