Berkshire Hathaway Inc (BRK.B)

[gfp927z]

Bar, Yes, a lot of the insurance stocks are way up now. We know Buffett likes to get a substantial discount, and Progressive (PGR) did have a sizable dip in the middle of last year, which is when Buffett apparently started buying the mystery stock. So that part would fit, but now PGR is sky high and no longer a bargain. It also has a huge 110 bil market cap, and Chubb's is also over 100 bil, so the mystery stock is probably something smaller. Travelers has a $50 bil market cap, and WR Berkley is 29 bil, so these might be contenders, but just a wild guess. Both are way up though, so no longer bargains.

Some other insurance related ideas from my own stock list would be -- AJG, BRO, EG, KNSL, and some smaller caps RLI, CBZ. But again, not exactly bargains.

I guess we'll find out eventually. Hershey has been down 30% for some time, so a relative bargain, and it has an iconic brand. But it sounds like the mystery stock is likely in finance / insurance / banking.



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