E-L Financial's stock price discount a tempting value play

[biaggio]

http://www.theglobeandmail.com/globe-investor/investment-ideas/e-l-financials-stock-price-discount-a-tempting-value-play/article2419539/

 

Corner of B & F's own NormR quoted in article.

[beerbaron]

Empire quoted me the lowest for a term insurance. It was so cheap that I took out actuarial tables and calculated the present Value of the odds adjusted insurance policy VS the Present value of my payments. An to make a profit the insurance company had to use above 6% assumptions... Not good if rates stay low for a while!

 

BeerBaron