The Misfits: Arthur J. Gallagher (AJG)
Yes, selling insurance is still a good business...
The Misfits is a recurring piece where once a month, we take a closer look at an unheralded stock that deserves much more attention from investors. It is for paid subscribers only. Sign up now and learn more about the great companies hiding in plain sight.
The Insurance Salesman, Arthur Lidov. Oil on Board
Alpha can come from anywhere. Unfortunately, not everyone is looking around enough to find it. Hundreds of people have an opinion on companies like Apple, Tesla, Google, and many other giant companies.
Then there are the quiet ones. Not much is said about them, but if you were lucky enough to have found them years ago, you’re probably sitting on gains equal or greater to those financial media darlings.
Today, let’s look at insurance brokerage Arthur J. Gallagher (NYSE: AJG). Perhaps one of the greatest wealth compounders over the past 35 years that doesn’t get nearly the attention it deserves.