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


To: D.M. who wrote (6387)3/21/1999 11:45:00 AM
From: Freedom Fighter  Read Replies (1) | Respond to of 78483
 
Doug,

Thanks for the input. I'm less enthusiastic as I look closer.

I like to look at the investment management results, ROE and the profitability of the insurance operations. I was impressed enough with most of it, but the insurance operations don't look particularly good at first glance. I'm also modestly concerned that such a high percentage of earnings are coming from capital gains. I think I would rather make an attempt (granted very rough) at "look thru" earnings.

Wayne