TDI Podcast 28: A Morbid Tale of Profit

September 19, 2007

Guest: Steven Leimberg tells us about the gruesome money scheme that has investors looking to profit by buying life insurance on seniors. Where else can you say: “The sooner they die, the more profit the investor makes” - very nice!

Steve LeimbergA Morbid Tale of Profit: AKA -The Death Of the Insurance Industry covers this topic in detail and has the industry concerned. We tackle the very troubling area of stranger owned life insurance is discussed. Is it fraud???? Steven tells us all about it.

Companies within Industry: (LPHI) (MET) (MMC) (PRU) (AEG) (MFC) (SLF) (ING) (PFG) (AIG)

Andrew’s book is finally available at The Disciplined Investor Store… this podcast is “JAM PACKED” with advice, help and even a slew of terms explained.

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Written by Andrew Horowitz · Filed Under PODCASTS 

Comments

2 Responses to “TDI Podcast 28: A Morbid Tale of Profit”

  1. evomonkey on October 6th, 2007 11:32 pm

    I am very new to all of this, but if this is an insurance bubble that is now being investigated as fraud, wouldn’t these be companies to short, or am I missing the point.

  2. Andrew Horowitz on October 7th, 2007 1:04 am

    You are correct. Some of this will take a while
    to wrung out, but as the public becomes more
    aware and news spreads, could be a problem for
    these companies.

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