D.R. Horton: So Much for the Power of Positive Thinking

If wishing could make it so, homebuilder D.R. Horton Inc. would be hammering its way to untold riches. In the spring of 2006, even as the storm clouds were beginning to gather in the housing market,

If wishing could make it so, homebuilder D.R. Horton Inc. would be hammering its way to untold riches. In the spring of 2006, even as the storm clouds were beginning to gather in the housing market, “America’s Builder” was insisting that strong growth lay ahead. It simply didn’t brace itself properly for the troubles that were coming.

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