Value Microcaps Motherboard

[Knowledge is King]

I'm quibbling with your approach for P&C insurance companies specifically. Normalizing in (some) other industries is, of course, appropriate. mandjb said it best yesterday:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110270812


In my view, your approach will always lead to better-looking P&C earnings than reality. Call me skeptical, but if you ever come back to liking a Florida P&C insurer, are you going to "normalize" their earnings downward to reflect the lack of hurricanes over the past decade??