External reports (aggregated public sources), Value Investors Club

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External reports (aggregated public sources)

Equity Bottom-Up

<ul><li>Mercury General, founded by George Joseph in 1961, is a major player in the insurance industry, specializing in personal auto, homeowners, and commercial auto insurance</li><li>George Joseph, now 102 years old, remains actively involved in the company as chairman and owns 35% of the company, with his wife holding another 16.5%</li><li>The Josephs have held onto their stock for decades, with George's compensation remaining modest at around $1.5 million a year, relying on dividends for income</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Mercury General, founded by George Joseph in 1961, is a major player in the insurance industry, specializing in personal auto, homeowners, and commercial auto insuranceGeorge Joseph, now 102 years old, remains actively involved in the company as chairman and owns 35% of the company, with his wife holding another 16.5%The Josephs have held onto their stock for decades, with George's compensation remaining modest at around $1.5 million a year, relying on dividends for incomeThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Mercury General Corporation  (MCY) - Thursday, Mar 7, 2024