Subject: Re: Itching for Market Correction
Speaking of waiting for Godot'I mean a correction that never seems to come, Dealraker - can you share your thoughts on AJG and PGR. I look at the 5 year charts on both of these companies and they seem to exemplify the benefits of buy and hold. They are always moderately expensive on a valuation basis but the strength of the business seems to drive continued growth. I remember that this is / was your line of work and would love to hear your perspective. Would love to know what you think of the steadfastness (hat tip to Manlobbi) of the business models