W.R. Berkley: Strong Results But A Premium Multiple

Shares of W. R. Berkley (NYSE: WRB ) have been a solid performer over the past year, gaining about 27%. However, shares have declined about 7% from their recent high after reporting in-line Q3 results, as its elevated valuation left limited room for error. I last coveredOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question ...