Subject: Re: Articles on the quarterly results
Insurance saved the day but I think the operating headlines "are who we thought they are", to borrow a quote from Dennis Green. I would argue this is part of the idea behind the 5 groves- that there are five pillars, or streams of income, that diversifies our profits and keeps it churning forward. It would be rare to have all 5 pillars humming at once and it wasn't very long ago that insurance was the laggard. As long as the number keeps going up and there are no major structural problems with any of the groves we're in good shape!