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Posted
44 minutes ago, ValueMaven said:

bought MCY today

One of the shittiest insurance companies I am aware of (from a shareholders perspective). Hasn’t gone anywhere for 2 decades.

 

I owned shares around 2001 or so and made out OK riding the shares up a bit, but they are pretty much back to the same levels.

 

I liked them as a customer when I lived in CA, lowest rates for the combo of homeowners and car insurance by a country mile for me.

 

What is your thesis?

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