I think so. In 2002 and early 2003, I started loading up on this stock in the low 20s. Negativity about title insurance was extreme and widespread. Every article I could find assured me that the whole sector was dead money for the forseeable future. It's always something. And meanwhile the P/E net of liquid assets is something like 3.
If I could get my hands on even another hundred thousand bucks ... oh well.