AI
Thursday, February 15, 2024 2:51:22 PM
What I find interesting is the degree of condemnation of the US economy I read (but only so much) from the internet
Insurance is about as basic a meat and potatoes business one could think of
Slow growth
Sure it is
Here is one view
Cigna is a big company
What insurance company isn’t
Then there is the Russell 2000 ETF comprised of flakey Russell 2000 companies that have no earnings
Let’s compare Cigna with the Russell 2000 ETF (IWM) for the past two years
What I think is going on is the stock market got carried away with speculating in rink dink companies on the idea that they “innovative”
When the stock market got around to realizing they would never become cash flow positive…
Then the adults in the room took control again
Insurance is about as basic a meat and potatoes business one could think of
Slow growth
Sure it is
Here is one view
Cigna is a big company
What insurance company isn’t
Then there is the Russell 2000 ETF comprised of flakey Russell 2000 companies that have no earnings
Let’s compare Cigna with the Russell 2000 ETF (IWM) for the past two years
What I think is going on is the stock market got carried away with speculating in rink dink companies on the idea that they “innovative”
When the stock market got around to realizing they would never become cash flow positive…
Then the adults in the room took control again
I am writing a book, American Cars of 1958. Check often for the latest addition. https://investorshub.advfn.com/American-Cars-of-1958-37252/
