Value Investing News

When I was half my current age, an actuary in my life insurance firm said to me, “Property-Casualty insurance is not real insurance.  When they lose money, they just raise rates, and they make the money back.”  Today, with greater knowledge, I know that he was half-right.  Here is where...

• http://alephblog.com/2012/12/06/investing-in-pc-insurers/ (80)