Why won't execs stop making promises they are not 100% sure they can deliver?

The 30 stocks in the Dow Jones Industrials are trading for 82% of Morningstar.com's estimated fair value, which makes the Dow an undervalued 5-star market. Eleven of the 30 industrials are undervalued 5-star stocks, according to Morningstar.

This week has some good posts on DOV, GOOG, IR, SWIM, AERO, AIG, and KO.

Barron's thinks AIG is a screaming buy, but I'm not as convinced by the case presented in this article. Regardless, this story is probably worth considering.

A dozen out-of-favor stocks that could rebound this year according to Barron's.

Here is the Barron's story that everyone is talking about today regarding Berkshire Hathaway's value. Access to this story should now be free.

Hank Greenberg said he is considering and evaluating strategic alternatives designed to lead to the maximization of their investment in American International Group, Inc.

Highlights from last week's Ira W. Sohn Investment Research Conference. This report is a bit more detailed than the New York Times article and includes more stocks that were mentioned during the conference. (Subscription required)

Coverage in the New York Times of the Ira W. Sohn Investment Research Conference.

A look at the impact climate change could have on the insurance industry. Includes comments by Buffett and Munger.

Shareholder Letter dated September 30th. "What a difference a year makes. Last year at this time, our portfolios were down for the calendar year-to-date, and our trailing 12-months’ performance was underwhelming. Our stocks were getting cheaper, setting up the portfolios for future gains, but shareholders were definitely not cheering. Now, four quarters later, both relative and absolute results are good and we have a report that is more fun to deliver."