The banks acquired life insurers for good reason as well.
Is this how we evaluate a good decision for the future?
Banks bought and lost money. They are now selling to others who intend to make money.
You make money in life insurance by being good at running it as your core business. This opportunity exists. But my main point is that you don’t sell out at the bottom of the cycle in market full if sellers.
Too many posters here have no understanding of life insurance. I have a whole career in it. I have posted to contribute. Others have expressed their frustration with the discussion here. I now will leave the shorters and rampers to pursue their goals and others to their ignorance.
I have been a long term investor.
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