We believe that at our purchase price, the stock traded at a substantial discount to the company's asset value net of debt. (oakmark.com)
The preference, always, would be to buy a long - term franchise at a substantial discount from growing intrinsic value. (greenbackd.com)
We come across many distressed single family properties because of our relationships in the market and secure those properties at substantial discounts. (hbnmarketplace.com)