HomeOwners Choice – a bad choice ?

I recently created an article explaining the rationals behind a purchase of HomeOwners Choice (HCII).  While my analysis would be great to back off prefered shares, it was missing important information in analysing an insurance company.  I made the #1 mistake in investment : invest in what you know.  I did not understood insurance industry back then and I’m barely better now.

I still think Homeowners is not a bad choice of investment, but it is a lot riskier than I originally thought.

You may read Frank’s article here.

Disclosure : Author has a position in HCII but may liquidate in the next 72 hours.

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