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Update: AIG Is Too Good A Long-Term Idea To Pass Up
Long Investing Ideas from Seeking Alpha
Fri, 3 Aug 2012
By Tim Travis : "Many shall be restored that are now fallen, and many shall fall that are now in honor." Horace's quotation from over 2,000 years ago could just as well have been made today in regards to American International Group Inc. ( AIG ), which we profiled earlier in the year. AIG is ...
With a low price/book value, the reward for AIG stockholders could be attractive, but the franchise has been weakened, says Davis/Selected American manager Ken Feinberg.