Is MetLife a Value Investment? — Market Mad House
The Buffett concept of insurance as a value investment got me wondering about America’s old line life insurance provider MetLife (NYSE: MET).
On the surface, MetLife has many value characteristics including a low price and an unsexy business; life, health, auto, home, dental, disability, and pet insurance. In particular, MetLife shares are cheap they traded at $50.56 on 29 January 2020.
MetLife has a large business with a huge business. MetLife claims to be the number one life insurer in Mexico, Chile, and Latin America…