Progressive: An Impressive Track Record But Not A Buy Today (NYSE:PGR)

In my view, property and casualty insurance is one of the rare line of businesses embedded with an inherently superior business model. If you have the capital and expertise to operateI am a corporate lawyer with an MBA and a long-standing interest in value investing. After spending 7 years practicing at several prestigious Wall Street and Silicon Valley law firms as a corporate transactional lawyer, I founded and have been operating my own boutique law firm for the last 10 years, focusing on investment tran ...