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Strategies & Market Trends : Value Investing
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To: gcrispin who wrote (23853)4/30/2006 12:18:52 AM
From: Spekulatius  Read Replies (1) of 78748
 
Good luck with MRH. I have not followed the stock recently but noticed that some pretty smart folks like the stock. For me, the stock is not cheap, with a 40% premium to book. I'd rather invest in the more solid PRE, which survived the hurricane season unscathed. But I have no desire play weather roulette, so I abstain from reinsurance companies. I do own AIG, (in fact I recently bought back some shares i sold earlier), but their exposure to hurricane losses is much smaller.
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