AIG stock
Okay, what's the difference between a purebread dog and a mutt? The price pretty much. Now, new question. If mutts are cheap, how much would you pay for a mutt that was immortal? You know, a dog that wouldn't die.
AIG is immortal. I realize that this is a strange place for stock advice, but AIG won't die. In fact, AIG is pretty much insured against death by the U.S. government. It won't die, unless they die. The government, right or wrong, has thrown in their lot with an insurance company and said, "you are too big for us to let you collapse."
My thought is that a company that cannot die is infinitely better than a company that can. So, while the media and everyone else concentrates on the fact that AIG is horrible and all that, they've entirely missed the point. You can buy stock in an immortal insurance firm for around $2 a share. If the company can't die, then it will still be around in 5 years. What do you think the price per share will be then?
AIG is immortal. I realize that this is a strange place for stock advice, but AIG won't die. In fact, AIG is pretty much insured against death by the U.S. government. It won't die, unless they die. The government, right or wrong, has thrown in their lot with an insurance company and said, "you are too big for us to let you collapse."
My thought is that a company that cannot die is infinitely better than a company that can. So, while the media and everyone else concentrates on the fact that AIG is horrible and all that, they've entirely missed the point. You can buy stock in an immortal insurance firm for around $2 a share. If the company can't die, then it will still be around in 5 years. What do you think the price per share will be then?
posted by Monstro D. Whale at
6:27 AM
1 Comments:
I believe I heard that AIG is essentially the company that manages insurance and pensions for the government. Particularly, retirement funds for Senators and Representatives. Of course they aren't going to let that company fail.
Post a Comment
<< Home