Book value

AIG: 42% upside on a stock trading at 75% of its book value – Are investors blind? (NYSE: AIG)

In the biggest and longest bull market of recent times, many stocks are seemingly inflated, trading well above their book value. Bank stocks and insurance stocks seem to have been spared this phenomenon, however. After the 2008 fiasco, investors remained reluctant to reinvest in the industry which was the first to collapse. As my followers […]