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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (25617)1/8/2007 4:36:24 PM
From: Paul Senior   of 78745
 
Spekulatius/Carl Worth: I'll take a little RTWI here also.

A percentage game to me: Buying insurance companies below stated book value, hoping the ones that will turn around and trade above b.v. will do better than the ones that don't turn around. In the past couple of years this has worked. OTOH, I have had a period (around 1999-2001)where a couple went bk. too.
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