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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (29840)1/24/2008 11:04:06 AM
From: Jurgis Bekepuris  Read Replies (2) of 78758
 
IMHO, it is very hard to figure out what ABK and MBIA are worth. You really have to calculate what would happen if business was run down, but there is not enough data for that IMO. Of course, Marty uses some kind of conservative guesses, so you could assume that they are worth more than his purchase prices - IF nothing has changed with the business since his purchases. ;)
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