Quick Take: Harsh Words From Horton

So, there's some controversy over the fact that D.R. Horton (NYSE: DHI  ) CEO Donald Tomnitz summed up his view on the coming year by saying 2007 would "suck."

CNBC rounded up some shocked, SHOCKED! prudes from the Wall Street Journal and Chief Executive Magazine to blame South Park and worry about their teenagers.

Me, I think he ought to get a medal, or at least a Fool cap.

The captains of Wall Street spend so much time spinning fairy tales to dupe investors that we ought to celebrate this kind of blunt, straight talk, even if it comes in a coarse package. If 2007 is going to suck, shout it out loud, brother!

And while we're at it, let's give a virtual Fool cap to Hovnanian Enterprises (NYSE: HOV  ) CEO Ara Hovnanian, who recently engaged in some similar straight talk on Fox. He told Neil Cavuto, quite boldly, that tightened loan regulations would have an effect on sales. It stood in stark contrast to the fluffy housing-market fairy tale being spun by the banking industry's mouthpiece on the same show.

I'm not sure the bottom's in yet on housing. But when it comes time to sift through the wreckage for deals, I think Fools would be well served to take a look at Horton and Hovnanian. You can do a lot worse than invest with people who tell it like it is.

Comments? Bring them here.

At the time of publication, Seth Jayson had no positions in any company mentioned here. See his latest blog commentary here. View his stock holdings and Fool profile here. Fool rules are here.

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Related Tickers

10/21/2016 4:03 PM
DHI $29.08 Down -0.29 -0.99%
D.R. Horton CAPS Rating: ***
HOV $1.62 Up +0.01 +0.62%
Hovnanian Enterpri… CAPS Rating: **