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Reading "The Davis Dynasty" with great interest in the multiple threads it weaves, I was jounced to revisit a company that has been on my back burner.

While not ready yet to pull the trigger, I believe that the EU situation is positioning us (we fools, who are investors looking for long term value and wealth creation) for opportunity.

One of those opportunities might be AXA. AXA is a well-known and global insurance company. It has paid dividends regularly. Price to sales is about 0.22; Price to book is less than 0.50. Cash per share is $16.94 vs current price of around $12.

It is a French based company. That said its origins go back to 1817, while the group was reformed after WW2 in 1946. This was a time when the world at large became strongly influenced by the Insurance Industry.

I will do much more digging, but something is out of whack here, and I smell the potential of "La vie en rose".
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