Vector Group / Douglas Elliman Spin-off Notes

July 8, 2022 Update

Beaten Up: Douglass Elliman (DOUG) – 3x EBITDA, ex. Spin-Off

  • I think DOUG is definitely cheap but not compelling enough for me to buy
  • It’s returned -48% since the spin

January 13, 2021 Update

Good Write Up on Douglas Elliman (DOUG)

  • Now that Douglas Elliman is not under the umbrella of a sin s