I make the most money in undervalued stocks that are in a business most investors don't understand. RGA is a winner!
Sentiment: Strong Buy
Looking at starting a position, in either a taxable or Roth account. Is there a K-1 with this? I'm wanting to simplify my life and don't want a bunch of extra paperwork during tax season. Suggestions welcome.
I did pretty well wth RGA, buying in the 60s. I realize P&C reinsurers and very different from Life reinsurers. Any concern over CAT bonds and other securitized risk financing alternatives?
Good thing GILD has been patient about acquiring another company (unlike many of its stockholders). May pick up some at the close from traders too intimidated to hold over the weekend.
Now if the US can "exit" business as usual in Washington, DC and dump establishment political elites!
I'd rather bet on DLB. Founder died a couple of years ago, got to be a good fit for Apple or Samsung. Another day, another new high.
Can you imagine how much money could have been made shorting the stocks in this portfolio? Why is Janus letting management of this dog continue?