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Investors Title Co. Message Board

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  • astral_tsar astral_tsar Sep 1, 2010 3:42 PM Flag

    Buyer

    pmlljl,

    1. Yeah, your last point dredges up something I read a long time ago. Maybe Graham? It says that for the control folks, even if they do own a lot of the stock, paying a dividend is at best moving money from one pocket to another.

    They ever want the money sometime, there it is.

    2. The valuation I tend to use for ITIC over the long term is book value + loss reserves. For the past 25 years the share price has crossed that book + float number again and again. Fingers crossed, because that's a double from here ....

 
ITIC
76.99-0.76(-0.98%)May 4 4:00 PMEDT