ARG 0.76% $9.14 argo investments limited

a fact, page-20

  1. 477 Posts.
    It pains me to say anything negative about ARG but I do fear that our directors probably sold our shares in ABS, CNP and AFG a little too late. Still, better to have sold ABS for a low price than to continue to own them, seeing they're not worth anything now.

    ***

    Groves and ABS are both indeed examples of 'outer scorecards'. And to paraphrase Buffett again: now that the tide has gone out, we can see that they'd been swimming naked for many years.
 
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