Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Chris20 Pete Mick and friends Message Board

$ HALL part six Fellow Harvard man Tom Putnam is d

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 2218
(Total Views: 74)
Posted On: 04/02/2017 12:37:22 PM
Posted By: mick
$ HALL part six Fellow Harvard man Tom Putnam is descended from the Patriot at Bunker Hill who ordered, "Don't fire until you see the whites of their eyes!" For each of the last 36 years Tom has always given us a solid steady new pick.

His Fennimore Asset Management has three no loads FAM Value Fund, FAM Equity-Income Fund and FAM Small Cap Fund. (http://www.famfunds.com ) For his fund portfolios Tom seeks not only survivors in a correction, but winners in an economic rally. His team finds quality companies that have good market share positions not only in their industries, but have strong characteristics of generating free cash flow accompanied by low debt balance sheets.

This year, Tom's favorite pick is Fort Worth, TX-based Hallmark Financial Services, Inc. (NASDAQ: HALL -$10.98). This insurance holding company through its subsidiaries engages in the sale of property and casualty insurance products to businesses and individuals as well as providing other insurance related services.

HALL is a specialty property casualty insurer with interesting areas of focus like insuring small private airplanes and small trucking fleets. Focusing on specialty niches and investing the float wisely is a well- used playbook. Several larger peers like Markel, WR Berkley and RLI have been tremendous long term investments. Today HALL is so small it is under the radar of most investors and is therefore quite cheap at about 1 X tangible book value. If they successfully execute the specialty insurer playbook and compound book value at a strong pace then investors can potentially get the 'double whammy' of solid growth and a material improvement in valuation.


(0)
(0)








Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us