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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (30123)	2/20/2008 4:54:15 PM
From: Paul Senior	Read Replies (3) \| Respond to of 78714

Madharry, yes, Standard Charter, "We have been in business for more than 150 years. We are certain that our success over another 150 years will depend on our ability to deliver a sustainable business in which our skills and talents turn issues into opportunities. That means taking a long-term view of the consequences of our actions." -g- They might not last the year if their business is so dependent on SIV's, and these funds that they are in or promise to support, keep going into receivership. ----------------------------------------------------- I'm still adding to insurance companies- life, p&c, reinsurance. Good time to invest now. Well, imo. Passing for now on Mr. Buffett's SWCEY though. I don't like that Swiss insurer's lack of transparency (or what I perceive to be their lack of forthright communication to stockholders), and I don't understand why it's a safe buy now. (OTOH, following Mr. Buffett into his stocks has been a pretty good/very good idea in past.)