Home » Articles » Stock Analysis » What does Hank know?

What does Hank know?

0 comments

Share:

LinkedIn

Hank Greenberg, the ex-chairman of AIG (AIG), the guy who made AIG what it is today, hired an investment banker to help him figure out what the company is worth.

What does Hank know

Hank Greenberg, the ex-chairman of AIG (AIG), the guy who made AIG what it is today, hired an investment banker to help him figure out what the company is worth.  He is thinking about unloading the stock. If Hank doesn’t want to own this financial conglomerate – and he knows a lot more about its businesses than you and I ever will – should an average investor own it?

I looked at AIG awhile back, it looks incredibly cheap on price to reported earnings, but its balance sheet has $40 billion “other” lines. Is it “other” good stuff or bad stuff? I don’t know. In today’s environment it’s likely to be the latter.

Please read the following important disclosure here.

Related Articles

Q&A Series: Money Habits for Kids and the Power of Writing

Q&A Series: Money Habits for Kids and the Power of Writing

In this Q&A excerpt, we'll explore teaching money habits to young people and how writing has improved my investment approach.
The Impact of Higher Interest Rates on the Economy - AI Edition

The Impact of Higher Interest Rates on the Economy – AI Edition

I asked AI to educate and entertain my readers with a radio show-style dialogue based on my essay - The Impact of Higher Interest Rates on the Economy.
Navigating Market Cycles From Bulls to Nvidia – AI Edition

Navigating Market Cycles: From Bulls to Nvidia – AI Edition

I asked AI to transform my essays into a radio show-style conversation. In this episode, topic is stock market math, sideways markets, the role of P/E in market cycles, impact of interest rates on P/E, economic analysis, Magnificent Seven stocks, NVIDIA, and a lot more.
Managing a Million What Would I Do Differently

Managing a Million: What Would I Do Differently?

Warren Buffett has stated multiple times that if he could manage a very small amount of money today, he would be able to return more than 50% per year to shareholders. If you managed a million dollars of only your own money, would you do it differently? 

Leave a Comment

View IMA's regulatory filings which includes ADV Part 2A & 2B, form CRS, firm's brochure, our conflicts of interest disclosures,
samples of our quarterly letter, and privacy policy by following this link. © 2023 - All Right Reserved.

The Intellectual Investor by Vitaliy Katsenelson
My Favorite Classical
Soul in the Game
ValueXVail
IMA