Greenhaven Road Capital - Hagerty: Very Profitable Car Insurance Business With A Very Long Runway For Growth

Fund Letter Stock Ideas profile picture
Fund Letter Stock Ideas


  • Hagerty is a SPAC trading at over 200X forward earnings.
  • Two sophisticated insurance companies, State Farm and Markel have already invested in HGTY.
  • Hagerty is a very profitable car insurance business with excellent unit economics and a very long runway for growth.

Automotive business, car sale or rental concept : Happy customer with car dealer agent making deal and signing on agreement document contract in auto showroom or car dealer office.


The following segment was excerpted from this fund letter.

Hagerty, Inc. (NYSE:HGTY)

A SPAC trading at over 200X forward earnings run by a man who almost became a priest should be either the set-up to a bad joke

This article was written by

Fund Letter Stock Ideas profile picture
Single stock ideas excerpted from fund letters published by Seeking Alpha.

Additional disclosure: © Greenhaven Road Capital. DISCLAIMER

Recommended For You

Comments (4)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.