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

To: Spekulatius who wrote (58624)	9/23/2020 9:59:09 AM
From: Paul Senior	Read Replies (1) \| Respond to of 78748

Allegheny (Y). I see now Y is back down to below book value and far below intrinsic book value as measured by what other similar insurance businesses segments have sold for in public market. -- Perhaps though that was all before COVIC changed many businesses prospects. For those who weren't around then, it was one of the favorites of old-school value investors of the 1980's or so who were looking for Berkshire-like stocks. (Conservative insurance company in niche area(s) which held stocks in addition to having bonds.) I believe I followed along and was once in for a short-time. Haven't looked at it in a long time, but now I see price/value is attractive to me. Very slow grower (book value) recently, it seems. But okay for me. I'm back in at this morning's opening. marketwatch.com.