It's probably a safe bet that Buffett likes Lennar's valuation, especially in a market that's priced for perfection. Lennar's forward price-to-earnings ratio is below 14. By comparison, the S&P 500 ...
Clearly, collecting more than $1 billion a year on two investments that cost $2.6 billion between them is an income investing success story -- especially if, as Buffett predicted, those income streams ...