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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (42989)8/1/2012 4:06:34 PM
From: Spekulatius  Read Replies (2) of 78763
 
Bought a little bit of ASI at the close @17.34$. yes it was me who got the lowest price for the day :-). Note that this may not be the lowest price for long, since they are supposed to announce earnings today. I believe ASI is cheap P/B (even tangible book ) insurance play, nothing else. Mostly short tail insurance so no big worries about interest rates and bonds (just small ones <g>).
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