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Ron Baron Comments on CoStar Group Inc.
Posted by: guruhl (IP Logged)
Date: April 24, 2013 01:49PM
CoStar Group, Inc. (CSGP), a leading real estate database company, has assembled and trained a 900 person nationwide research staff over more than 20 years to obtain that data. This was an unusually expensive undertaking. Now, as the primary source of this information, CoStar is able to monetize its proprietary database and earn high returns.
From Ron Baron’s Baron Funds first quarter 2013 investor letter.
Guru Discussed: Ron Baron: Current Portfolio, Stock Picks
Stocks Discussed: CSGP,