BXG - Bluegreen And The Busted Bid (Podcast Transcript)
Editors' Note: This article is a transcript of our podcast discussion from this week on Bluegreen Vacations (BXG) and the dropped bid by BBX Capital (BBX). We hope you enjoy it.
Introduction
Daniel Shvartsman: On this week's Behind the Idea, we return to single-stock, off-the-beaten-path ideas, as we discuss Bluegreen Vacations. The company is a timeshare developer and the industry has a bad reputation. But Mike argues that the concerns may be overstated.
Mike Taylor: People who buy timeshares as Safety in Value write, he mentions, charging high interest rates to