Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: re3 who wrote (72270)	12/23/1999 11:11:00 AM
From: Freedom Fighter	Read Replies (1) of 132070

Ike, I think rising interest rates are problematic for valuations in general. WEB keeps the maturities of his bonds on the short side so unrealized capital losses won't be that big. What he needs most is a bear market that creates value among things he understands and a turnaround in the PC and reinsurance businesses. I think it's just a matter of time for both to occur. I believe you are getting a company that is very well positioned to take advantage of the inevitable bust and WEB's double value added investment expertise all at a price that makes sense. Generally they pay up for Warren. Wayne

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next