http://alephblog.com/2008/04/08/beginning-of-the-second-quarter-portfolio-reshaping/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Mon, 13 Feb 2012 14:34:49 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://alephblog.com/2008/04/08/beginning-of-the-second-quarter-portfolio-reshaping/comment-page-1/#comment-17418 Doug Wed, 09 Apr 2008 13:17:42 +0000 http://alephblog.com/?p=639#comment-17418 I think XL Capital (XL) is a good bet here. It is trading at ~60% of book value, and their exposure to the worst parts of the financial guarantee business of SCA is relatively low. Also, the company just hired Mike McGavick as CEO. He did a great job turning around Safeco. I think XL Capital (XL) is a good bet here. It is trading at ~60% of book value, and their exposure to the worst parts of the financial guarantee business of SCA is relatively low. Also, the company just hired Mike McGavick as CEO. He did a great job turning around Safeco.

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