Comments on: At Assurant Investor Day http://alephblog.com/2009/03/19/at-assurant-investor-day/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Sat, 31 Jul 2010 14:50:54 -0400 hourly 1 http://wordpress.org/?v=3.0 By: Steve Spencer http://alephblog.com/2009/03/19/at-assurant-investor-day/comment-page-1/#comment-21229 Steve Spencer Fri, 20 Mar 2009 14:58:51 +0000 http://alephblog.com/?p=1534#comment-21229 David, Thank you for keeping this blog. I've followed you since you started on RealMoney. I originally bought AIZ several years ago around $32, and your positive opinion was one of the reasons I held the stock into the 60s. I finally sold around $49 in the market crash. I'm starting to get interested in looking again. Also, one of the reason I read your blog and other financial publications is to try to figure out how to protect myself financially. I would really appreciate it if you write an article sometime on how you think the current disaster will end. Do we have high/hyper inflation or deflation? The call for an end to the dollar as the reserve currency seems to be getting louder. If that happens, and the government is unable to continue financing their bailouts, stimulus ect. (except at higher rates), wouldn't that end up as massive deflation. Sorry to get so far off topic. Thanks. David,

Thank you for keeping this blog. I’ve followed you since you started on RealMoney. I originally bought AIZ several years ago around $32, and your positive opinion was one of the reasons I held the stock into the 60s. I finally sold around $49 in the market crash. I’m starting to get interested in looking again.

Also, one of the reason I read your blog and other financial publications is to try to figure out how to protect myself financially. I would really appreciate it if you write an article sometime on how you think the current disaster will end. Do we have high/hyper inflation or deflation? The call for an end to the dollar as the reserve currency seems to be getting louder. If that happens, and the government is unable to continue financing their bailouts, stimulus ect. (except at higher rates), wouldn’t that end up as massive deflation. Sorry to get so far off topic. Thanks.

]]> By: David Merkel http://alephblog.com/2009/03/19/at-assurant-investor-day/comment-page-1/#comment-21221 David Merkel Fri, 20 Mar 2009 06:04:00 +0000 http://alephblog.com/?p=1534#comment-21221 I have owned NWLI in the past -- I might own it in the future, but will have to do more analysis. I have owned NWLI in the past — I might own it in the future, but will have to do more analysis.

]]> By: David Merkel http://alephblog.com/2009/03/19/at-assurant-investor-day/comment-page-1/#comment-21220 David Merkel Fri, 20 Mar 2009 04:58:49 +0000 http://alephblog.com/?p=1534#comment-21220 Insurers are cheap. Those that are cheap, have liabilities that can't be called, and have conservative asset portfolios are attractive now. Insurers are cheap. Those that are cheap, have liabilities that can’t be called, and have conservative asset portfolios are attractive now.

]]> By: Brent Barber http://alephblog.com/2009/03/19/at-assurant-investor-day/comment-page-1/#comment-21218 Brent Barber Fri, 20 Mar 2009 01:11:49 +0000 http://alephblog.com/?p=1534#comment-21218 If you are interested in a life insurer who has bypassed the trashing of the equity markets by hedging all their equity exposure, take a look at NWLI. Rated a- (excellent) by am best and A (strong) by S&P, no debt and trading at P/B of 0.38. They are a smaller market cap ($400M), closely held and thinly traded, but unless you need a large position, fairly easy to purchase. If you are interested in a life insurer who has bypassed the trashing of the equity markets by hedging all their equity exposure, take a look at NWLI. Rated a- (excellent) by am best and A (strong) by S&P, no debt and trading at P/B of 0.38.

They are a smaller market cap ($400M), closely held and thinly traded, but unless you need a large position, fairly easy to purchase.

]]> By: Frank http://alephblog.com/2009/03/19/at-assurant-investor-day/comment-page-1/#comment-21216 Frank Thu, 19 Mar 2009 23:27:17 +0000 http://alephblog.com/?p=1534#comment-21216 Kudos on the blog. Discovered it a few months ago now, and have found the discussions thought-provoking and insightful. I'm curious to hear your broader secular themes on why to invest in insurance companies. Stock market performance historically has been mediocre at best, highly asymmetrical at present. What's your investment thesis? Interested in your thoughts. Kudos on the blog. Discovered it a few months ago now, and have found the discussions thought-provoking and insightful. I’m curious to hear your broader secular themes on why to invest in insurance companies. Stock market performance historically has been mediocre at best, highly asymmetrical at present. What’s your investment thesis?

Interested in your thoughts.

]]> By: Jeff Partlow http://alephblog.com/2009/03/19/at-assurant-investor-day/comment-page-1/#comment-21204 Jeff Partlow Thu, 19 Mar 2009 13:21:32 +0000 http://alephblog.com/?p=1534#comment-21204 David, I'd like to send you a brokerage analyst's comments I received today re AIZ, but I don't see an email address for you on your site. Please email me if you'd like me to forward it to you. Jeff David,
I’d like to send you a brokerage analyst’s comments I received today re AIZ, but I don’t see an email address for you on your site.
Please email me if you’d like me to forward it to you.
Jeff

]]> By: Steven Milos http://alephblog.com/2009/03/19/at-assurant-investor-day/comment-page-1/#comment-21202 Steven Milos Thu, 19 Mar 2009 12:51:37 +0000 http://alephblog.com/?p=1534#comment-21202 Thanks David, nice summary of Assurant's virtues. I'm going to take a look at it. Steve Thanks David, nice summary of Assurant’s virtues. I’m going to take a look at it.

Steve

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