Progressive Archives - Market Mad House

daniel September 16, 2015March 9, 2016 Amazon, Apple Pay, Credibly, does Lending Tree make money?, Is Lending Tree Making Money?, Is LendingTree is overpriced, LC, lending club, Lending Tree, Lending Tree did post a healthy profit margin of 8.56%., LendingTree is overpriced, Mr. Market, Mr. Money Mustache, PayPal, Progressive, Prosper, PYPL, TREE, Value Investing, Venmo, Warren Buffett, What the Numbers tell us about LendingTree

Is Lending Tree Making Money?

If the U.S. economy does tank because of the situation in China, expect LendingTree to be one of the first stocks to go down and go down hard. This stock is sitting on very shaky ground that will soon collapse.

Market Insanity

daniel June 22, 2015March 5, 2016 All, All New Cars will be Self Driving by 2025, Allstate, Benjamin Graham, Berkshire Hathaway, Disruptive Technology, GOOG, GOOGL, Google, Mayhem, PGR, Progressive, Self driving cars could devastate auto insurance industry, Uber, Warren Buffett

All New Cars will be Self Driving by 2025

If that prediction is true auto insurance costs could drop by as much as 80% because accidents are the main risk ensured for. By the year 2040 your auto insurance bill could be $10 or $15 a month for a brand new car!! Naturally that won’t do Progressive (NYSE: PGR) and Allstate’s (NYSE: ALL) profit margins much good.

Long Ideas

daniel May 23, 2015March 5, 2016 All, Allstate, Berkshire Hathaway, Disruptive Technology, Dollar General, Flo, Gecko, GEICO, GOOG, Google, PGR, Progressive, Snapshot, Telematics, Tesla, TSLA, Value Investing, Warren Buffett

Progressive’s Wireless Device Could Be a Safety Threat

The whole telematics issue raises the interesting question of whether auto insurers are still a good investment. Value investors like Warren Buffett have long thought of auto insurers that way because of all the float their premiums generate, but is that still true in the face of all the competition in today’s insurance industry?