This is Jerry and I don't speak for the whole team. $GLASF has certainly shown that they can scale and push through a lot of product - so the operational competence is definitely there in my mind and my hat's off to them.
But we look for things that are compellingly undervalued based on existing metrics as an ideal starting point, and with GLASF the valuation is pulling foward a decent amount of future success. So, it's just not cheap enough now, but certainly one that I watch. Maybe that will just be one that we miss frankly.
What are your thoughts on Glass House?
This is Jerry and I don't speak for the whole team. $GLASF has certainly shown that they can scale and push through a lot of product - so the operational competence is definitely there in my mind and my hat's off to them.
But we look for things that are compellingly undervalued based on existing metrics as an ideal starting point, and with GLASF the valuation is pulling foward a decent amount of future success. So, it's just not cheap enough now, but certainly one that I watch. Maybe that will just be one that we miss frankly.