A little insurance company at an understated 0.6x book, double-digit BVPS growth for a decade, conservatively financed Company is in runoff and is buying back every drop of share it can find.
Fairfax: ingen spor fra fortiden Om hvad der kendetegner et godt forsikringsselskab, Fairfax’ historiske transformationer, dårlige investeringer, medvind fra underwriting, hårde kontra bløde markeder, kultur, incitamenter, løbende overskud og fair P/B.