Silver Lining In Dismal Year For Insurers
2002 was a dismal year in insurance stocksbut with a silver lining!
Just a cursory analysis of year 2002 price movements in our portfolio reveals a startling statistic. That is, more than half the issues suffered double-digit losses. Sixty of the 117 stocks qualified as double-digit downers. Further counting of losers and gainers brought the total to 81 losers and only 36 gainers.
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