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Author Topic: Y - Alleghany  (Read 29934 times)

eclecticvalue

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Re: Y - Alleghany
« Reply #50 on: March 14, 2018, 07:42:32 AM »
« Last Edit: March 14, 2018, 09:16:44 AM by eclecticvalue »
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DRValue

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Re: Y - Alleghany
« Reply #51 on: March 14, 2018, 08:27:11 AM »
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[E]xpedience does not license omnipotence.

Not Investment Advice. Do Your Own Research.

Spekulatius

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Re: Y - Alleghany
« Reply #52 on: March 15, 2018, 04:11:30 PM »
Quote from: DRValue on March 14, 2018, 08:27:11 AM
https://s2.q4cdn.com/121571286/files/doc_financials/2017/Q4/2017-Annual-Letter.pdf

Boring as hell. It’s like BRK with half the ROA. They acquired a steel fabricator and a funeral products company ( caskets etc). RIP.

I kind of like these guys and if it is cheap enough, I wouldn’t mind owning the stock, knowing that the returns will never match BRK  or MKL.
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Life is too short for cheap beer and wine.

no_free_lunch

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Re: Y - Alleghany
« Reply #53 on: March 15, 2018, 06:17:41 PM »
I would buy it if at historically low price to book multiple.
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SafetyinNumbers

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Re: Y - Alleghany
« Reply #54 on: February 20, 2021, 05:58:18 AM »
Any Alleghaniacs out there?

Y got to 1.3x book at the end of 2019 but probably trades under book given equity market and likely underwriting performance since the end of Q3. They report next week.

I bought a little last week and it’s a brand new position for me.
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