Forestar Group: Capitalizing On Lot Supply Constraints And Strong Market Demand

Core Viewpoint - Forestar Group (NYSE: FOR) is a residential lot supply company that primarily sells parcels of land to homebuilders, with a significant focus on D.R. Horton, the largest homebuilder in the U.S. [1] Company Overview - Forestar Group specializes in supplying residential lots, which are essential for homebuilding developments [1]. - The company has established a strong relationship with D.R. Horton, indicating its strategic positioning within the homebuilding supply chain [1]. Investment Philosophy - The investment philosophy highlighted emphasizes the importance of investing in high-quality stocks and businesses that are managed by disciplined capital allocators, generate exceptional returns on capital, and have the potential for long-term capital compounding [1].