IAG 0.15% $6.59 insurance australia group limited

How hard is IAG going to run?, page-18

  1. 1,543 Posts.
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    hi phantom
    IAG has been considered a high quality business in the past while qbe has not. Both have changed management and is preparing for growth (and they have favourable macroeconomics to reach their goals)
    however, how well the new managements actually execute their goals stands to be seen. Some fund managers have invested in both to hedge their bets. I have equal holding in both and I will probably double my holding on the one that fair the best. Words are pretty from both companies, but in the corporate world, words are cheap... action, execution, and some basic long hours, weeks, months of raw, hard work and following success it truly all that matters in the end.
    My gut feeling tells me that IAG will do best. I have a really good feeling that they are truly getting down to business and doing lots of work to make IAG prosper for the next years. However, that’s just my personal feeling and therefore irrelevant, really.
    Cheers.
 
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