SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Mr.Gogo who wrote (40529)12/11/2010 11:08:44 AM
From: Spekulatius  Read Replies (3) | Respond to of 78714
 
re LPHI - buying back life insurance below face value ( from dying insurance owners short on cash, I presume) is a shady business and could easily get into the regulators crosshairs. Besides that, if I regard this as an insurance company, at 4X book value the "franchise" better be bulletproof. Even something close to bulletproof like PGR only goes for 2X book (and might be a buy for a GAAP investor).



To: Mr.Gogo who wrote (40529)1/16/2011 7:41:25 AM
From: Bocor1 Recommendation  Read Replies (2) | Respond to of 78714
 
Life Partners Holdings, Inc. (LPHI)
Looked like it was finally heading toward a proper valuation before a string of bad press held shares down. With zero debt, a 5.3% dividend yield, and a forward earnings multiple of just 7.4, an investment in this unconventional business possesses a huge margin of safety.

dynamicdividend.com