Woodson Capital Management has made a big bet on homebuilder stocks.
The Tiger Seed headed by Jim Davis told clients in its first-quarter letter that 8.8 percent of its capital is invested in the sector.
Woodson described the big investment as a “contrarian long view,” noting that the group’s share prices have fallen to record low P/E and book-value multiples due to fears that a confluence of demand pressures “will send the sector to a crash.”
The
