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Strategies & Market Trends : Value Investing

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To: Junglekings who wrote (29338)12/21/2007 4:26:38 PM
From: Jurgis Bekepuris  Read Replies (2) of 78451
 
TBAC - a maybe. I don't like inventory net-nets, since inventory can always be discounted at least 20%.

NWLIA - The reason I don't invest in insurers is that you cannot know what the heck are their assets and liabilities. NWLIA 10Q is a good test case for anyone interested in investing in insurers:

yahoo.brand.edgar-online.com

If you can tell me what the heck are their assets and are they really worth what they claim + whether their liabilities are not understated, you can be an insurance investor. Otherwise, run the other way. Sorry, but I will be running. :)
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