American International Group, Inc.
AIG
pitch
long
Ken Shubin Stein
Thesis
We had the thesis that over five years the stock would be at least a triple because we were investing at half of stated tangible book value, investment income was below normal due to artificially depressed bond yields, and the company was buying back significant amounts of stock.
Did it work?
inconclusive
confidence: low
Since there is no price performance data available and the time elapsed since the pitch is unknown, we cannot determine if the thesis has played out or failed. The thesis suggests a long-term investment strategy with a five-year horizon, and without any interim results or confirmation of the thesis dynamics, we cannot assess the outcome.
Raw excerpt
No raw excerpt stored.