Why would RK asset management make such a gigantic leap into NWLI at its 52 week high? It's RK's second largest holding. Seems like an awfully aggressive move for a guy running his own fund.
maybe he thinks it's still cheap versus book value. and remember he bought these shares prior to year end so he's already made some good money.
Maybe he is smart enough to start the law suits necessary to bring NWLI into the 20th century of investing and knows it
So that would mean there are new buyers that have come in over the last 5 weeks or so...