Comments on: Again, Not Worried About Reinsurance Group of America http://alephblog.com/2008/06/03/again-not-worried-about-reinsurance-group-of-america/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Mon, 15 Mar 2010 13:59:17 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: AllanF http://alephblog.com/2008/06/03/again-not-worried-about-reinsurance-group-of-america/comment-page-1/#comment-17721 AllanF Fri, 06 Jun 2008 00:16:58 +0000 http://alephblog.com/?p=723#comment-17721 <i>5% of what they are today, and back then I had 10 positions, not 35. There’s been growth.</i> Is my math wrong, or is that the understatement of the year!?! :-) 5% of position size is 20x & no. of positions is 3.5x == ~70x. I hope this isn't impolite, but even 10 very small positions has to be 5 figures? 70 times that is 7 figures or very darn close to it. Congratulations. Just the other day I was in a discussion of what typical account sizes of pundits really is. The loose consensus was that far less than most readers would probably expect. FWIW, my naive expectation is that a pundit makes/has made enough to support himself from investing. My jaundiced expectation is that they probably have the same low 6 figure account of any 40-50 y.o. high-wage earning professional with an IRA and 401k. Cramer, to his immense credit I think, has shown his AA account size from day 1. Oh, and I too appreciate the individual stock coverage. Thanks. 5% of what they are today, and back then I had 10 positions, not 35. There’s been growth.

Is my math wrong, or is that the understatement of the year!?! :-) 5% of position size is 20x & no. of positions is 3.5x == ~70x. I hope this isn’t impolite, but even 10 very small positions has to be 5 figures? 70 times that is 7 figures or very darn close to it. Congratulations.

Just the other day I was in a discussion of what typical account sizes of pundits really is. The loose consensus was that far less than most readers would probably expect. FWIW, my naive expectation is that a pundit makes/has made enough to support himself from investing. My jaundiced expectation is that they probably have the same low 6 figure account of any 40-50 y.o. high-wage earning professional with an IRA and 401k. Cramer, to his immense credit I think, has shown his AA account size from day 1.

Oh, and I too appreciate the individual stock coverage. Thanks.

]]> By: Tomxp http://alephblog.com/2008/06/03/again-not-worried-about-reinsurance-group-of-america/comment-page-1/#comment-17707 Tomxp Tue, 03 Jun 2008 11:57:14 +0000 http://alephblog.com/?p=723#comment-17707 I very much enjoy your individual stock coverage and hope that you'll continue it. RGA seems like a no-brainer -- always a bad sign! (grin) I suspect that the specter of increased supply will weigh on the stock unless/until earnings results with more usual mortality cause it to perk up. I very much enjoy your individual stock coverage and hope that you’ll continue it. RGA seems like a no-brainer — always a bad sign! (grin) I suspect that the specter of increased supply will weigh on the stock unless/until earnings results with more usual mortality cause it to perk up.

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