Nationwide Financial Services, Inc. (NFS)
Loading...
Symbols:
NFS Forum Topics
- All Comments on NFS
- General Discussion on NFS
- Don't Overpay for Insurance M&A [view article]
- 25 Stocks Benjamin Graham Would Like [view article]
- 35 Stocks That Ben Graham Would Like Here [view article]
- How Financials Reach Out to Hispanics Online [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Stocks That Ben Graham Would Like Here [view article]
- The Ten Highest Yielding Life Insurance Companies [view article]
loading ...Recent NFS Articles
- Don't Overpay for Insurance M&A
- Where Is the Growth in Vehicle Insurance?
- Where's the Growth in the Auto Insurance Market?
- 25 Stocks Benjamin Graham Would Like
- 35 Stocks That Ben Graham Would Like Here
- How Financials Reach Out to Hispanics Online
- Wall Street Breakfast: Must-Know News
- Stocks That Ben Graham Would Like Here
- 15 Stocks Ben Graham Would Like
- The Ten Highest Yielding Life Insurance Companies
- Full List of Articles »
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
Don't Overpay for Insurance M&A [view article]
Munich Re has has a big insurance operation in Europe and they want to expand insurance underwriting in specialty lines. ReplyDon't Overpay for Insurance M&A [view article]
I suggest you look at the original presentation done by Munich Re when the merger was announced, avalaible at munichre.com. The lines between reinsurance and insurance are increasingly becoming blurred, so this is the type of M&A your bound to see more of in the future. As a specialty insurer with limited capital and client base, Midland needed Munich Re's financial clout and global experise and industry leadership to take its growth strategy to the next level. Munich Re needed a trusted partner with a stellar reputation to fuel business growth in U.S. niche markets outside of the traditional reinsurance spectrum (because anyone in the reinsurance business will tell you that profitable grow opportunities in pure reinsurance are limited). So contrary to your assertion, the merger makes a look of sense for both Munich Re and Midland. Reply25 Stocks Benjamin Graham Would Like [view article]
i think PLFE will be sold soon as the C.E.O. is geting old and will retire in 2009 ReplySchweitzer
25 Stocks Benjamin Graham Would Like [view article]
Examples: If you look at the list in the article, consider the sources of their capital (hey! look at that of B-H which Buffett regularly explains) and thus at the cost - any wonder at the predominance of insurors, in which the cost of capital consists of supplying the services of spreading risks (actuarially on lives), not taking risks, notably auto insurors are absent (probably due to costs of service provisions?) ? Reply25 Stocks Benjamin Graham Would Like [view article]
Some of these stocks are screening as selling below book value because those assets on the balance sheet have not been written down yet. ReplySchweitzer
25 Stocks Benjamin Graham Would Like [view article]
As a student of Graham, Dodd & Baker (actually mostly Dodd) some 60+ years back now, I note the subsequent omissions of considering "cost of capital" impacts.Under one "theory" that is reflected (in part) indirectly in the P/E ratio, or at least the guess of that cost made by the financial market place is so refelcted.
What about that factor? Reply
25 Stocks Benjamin Graham Would Like [view article]
Your headline grabbed my attention. You win. But I think these are stocks Ben Graham would screen.. or as you suggest ...should be screened.First Marblehead FMD jumps off the page just by the numbers and a stock that I knew from the past Starrett SCX looks like something of interest (it's boring but faithful). I believe many "investors" would jump on an article like this. But I am also confident that Ben Graham would ask, for example, is FMD worth $3.62 today and what are the future prospects when the bargain hunting crowd looks at the 52 week high and says why not $42.50 again (next week)
Thanks for the screening opportunity. I'll take monopoly money and buy 100 shares each this morning and then take the equivalent amount and try my efforts to buy a selection from this list using a Ben Graham approach and make a comparison one year from now. Reply
35 Stocks That Ben Graham Would Like Here [view article]
Espey is a good one. Nice dividend too. See my piece on ESP in Seeeking Alpha - Ed Roche, Freedom Mountain Investments Reply35 Stocks That Ben Graham Would Like Here [view article]
User 164820 - I agree 100% and that's why this isn't a list of buys, rather a list of companies to research further. Perhaps I'll try to add EPS accuracy to the screener.Thanks for the feedback!
Ryan Reply
35 Stocks That Ben Graham Would Like Here [view article]
Graham, Dodd & Cottle + Roger F.Murray would add a quality of management component to these metrics, such as the ability to accurately predict and control EPS. I don't think there was much management forecasting back in their days.A company with good management systems and controls has great value to the investor. The banks failed this BIG TIME. I think their focus on "retail" banking was at the expense of the required focus on due dilligence in their investments. I think many bank managers do not understand the investment side of their business and this had led to a massive corruption of the capital markets. Reply
35 Stocks That Ben Graham Would Like Here [view article]
I would do the same, Metal27. FMD is not a good play right now, unless, of course, you like gambling. Reply35 Stocks That Ben Graham Would Like Here [view article]
I believe FMD no longer pays a dividend. With TERI's bankruptcy and the securitization market frozen, FMD has no operable business plan and no guarantor for the loans. I would stay away from FMD. Reply35 Stocks That Ben Graham Would Like Here [view article]
Many of the stocks are similar. Ben Graham advocated long term holding, so I doubt any meaningful information can be gleaned by comparing the prices. But I will keep doing this each month and it will be possible to track it through some backtracking. Reply35 Stocks That Ben Graham Would Like Here [view article]
It would interesting to know the differences since the last time you ran, or month over month changes (I guess that's mostly due to chagnes in the P). Did it pick similar companies or vastly different? Or ones that were screened and chosen as Ben Graham stokcs in the past and how well they did since. Or do you think short term vol skews this too much? Reply35 Stocks That Ben Graham Would Like Here [view article]
FXTrader -You hit the nail on the head. That's exactly right. The screener simply provides a starting point. In my opinion, anything related to banks/housing/cars/ins... should be discarded immediately due to the issues surrounding credit.
I would look for high cash, low debt companies with a moderate dividend to provide a safety net against losses. I would also be interested in any stocks that have significant global operations, as those are probably more resistant to a poor US economy than most. Reply