Progressive +40,000%
Here’s another entry in our series, “boring but highly profitable stocks.” Today’s entry is Progressive (PGR) the auto insurance company.
Insurance stock? You’re thinking snores-ville right? Well, check this out. Thirty years ago you could have picked up a share for a split-adjusted price of five cents.
The gold line is the S&P 500. It’s barely visible in comparison.
Posted by Eddy Elfenbein on May 13th, 2010 at 11:34 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Does anyone have a suit of armor, jet skis and a blowtorch I can borrow/rent? There's an experiment I'm working on.
This is pretty amazing. US elections combined since 1924:
GOP: 1,058,301,749
DEM: 1,057,846,951
Oth: 88,548,252Unemployment spikes in Washington, DC
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 