In December, Ensemble Capital’s CIO, Sean Stannard-Stockton, appeared at the ValueWalk Contrarian Investor Virtual Conference to discuss their investment in First American Financial, one of the two leading title insurance providers in the US.

In the presentation, Sean discussed:

• How First American, and a few other small companies offering title insurance, provides a very low-cost mechanism to create trust in the US real estate market which greatly reduces transaction costs that buyers and lenders would otherwise incur.
• How First American reacted differently than its main competitor to the initial impact of the pandemic and set themselves up to capitalize on the massive recovery that occurred and the continued housing activity boom we expect to continue.
• Why the largest cohort of Millennials is just now entering the home buying market, which will drive a wave of household formation and housing demand for a number of years to come.

(Click here to see video if you are reading this in an email)

For more information about positions owned by Ensemble Capital on behalf of clients as well as additional disclosure information related to this post, please CLICK HERE.

For more information about positions owned by Ensemble Capital on behalf of clients as well as additional disclosure information related to this post, please CLICK HERE.

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