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A holding company which, through its subsidiaries, is engaged in a range of insurance and insurance-related activities in the United States and abroad. Its primary activities include General Insurance and Life Insurance & Retirement Services operations.
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SafeAndCheap (99.79) Submitted: 4/04/08 2:02 PM : Start Price: $47.28 AIG Score: -29.44
Granted, it's hard to know everything AIG has exposure to, and some assets are anything but transparent. But AIG's recent headline risk (e.g., swap exposure) has punished the stock too much. It's hard to make a serious dent in AIG's balance sheet and substantially diminish its moat. Many of the saviest old pros in investing are long and getting longer on AIG.
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terrybearcat6969 (< 20) Submitted: 6/18/08 9:54 AM
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aig will be a big one
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