Comments on: Stockwatch: QBE Insurance Group Limited (QBE) http://www.shareswatch.com.au/blog/stockwatch/stockwatch-qbe-insurance-group-limited-qbe/?utm_source=rss&utm_medium=rss&utm_campaign=stockwatch-qbe-insurance-group-limited-qbe Views about the Australian stock market, shares, the economy, investing, politics and world events. Wed, 08 Sep 2010 10:42:13 +0900 http://wordpress.org/?v=abc hourly 1 By: Plornt http://www.shareswatch.com.au/blog/stockwatch/stockwatch-qbe-insurance-group-limited-qbe/#comment-5225 Plornt Sat, 07 Aug 2010 06:09:37 +0000 http://www.shareswatch.com.au/blog/?p=81#comment-5225 "Insurance companies have historically done very poorly during high inflationary periods. Look at insurance share price performance in the 70’s – it wasn’t pretty. I guess this is why Buffet mentioned “the party was over” for insurance a couple of years ago." I am actually thinking of shorting QBE on significant strength and think it will do poorly over the next few years at best flat. It maybe a good company but good companies can still lose 50-70% in bad times, look at Wells Fargo for example. Qbe share price since post: ~17$ or down 30%. <i>All posts by this poster is not financial advice or a reccomendation to do something. Can change my mind quickly on any decision I make, given markets always change. Have positions in instruments discussed unless otherwise indicated.</i> “Insurance companies have historically done very poorly during high inflationary periods.
Look at insurance share price performance in the 70’s – it wasn’t pretty. I guess this is why Buffet mentioned “the party was over” for insurance a couple of years ago.”

I am actually thinking of shorting QBE on significant strength and think it will do poorly over the next few years at best flat. It maybe a good company but good companies can still lose 50-70% in bad times, look at Wells Fargo for example.

Qbe share price since post: ~17$ or down 30%.

All posts by this poster is not financial advice or a reccomendation to do something. Can change my mind quickly on any decision I make, given markets always change. Have positions in instruments discussed unless otherwise indicated.

]]> By: Anon http://www.shareswatch.com.au/blog/stockwatch/stockwatch-qbe-insurance-group-limited-qbe/#comment-1562 Anon Mon, 21 Sep 2009 11:50:44 +0000 http://www.shareswatch.com.au/blog/?p=81#comment-1562 Insurance companies have historically done very poorly during high inflationary periods. http://capital-flow-analysis.com/capital-flow-watch/what-inflation-does-to-the-insurance-industry.html Look at insurance share price performance in the 70's - it wasn't pretty. I guess this is why Buffet mentioned "the party was over" for insurance a couple of years ago. Insurance companies have historically done very poorly during high inflationary periods.

http://capital-flow-analysis.com/capital-flow-watch/what-inflation-does-to-the-insurance-industry.html

Look at insurance share price performance in the 70’s – it wasn’t pretty. I guess this is why Buffet mentioned “the party was over” for insurance a couple of years ago.

]]>