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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (27724)	8/15/2007 11:31:05 AM
From: Jurgis Bekepuris	Read Replies (1) of 78751

I relooked at ABK and realized that I have no clue what kind of "financial guarantees", derivatives and insurance they provide. They are trading close to book value now, but I am not confident at all I can analyze this company or expect that they won't have significant losses in the current debacle. They may be very smart and only win, or they might have been aggressive and lose a lot. Impossible to say for me. So I am removing it from my stock universe. Like I said before: financial and insurance companies are just too hard for me. :)

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