There had to be a different way of recognising and paying commissions, and now the life companies will be taking the risk of policy continuation by funding commission streams,
More Quotes from Peter Doyle:
The clearing prices for any financial asset is the level of interest rates, and the Federal Reserve has let its intentions be known that they're going to raise rates. So chances are it's going to be a volatile market.Peter Doyle
Doyle's second selection is Fidelity National Corp. Basically when anyone buys a home they need to get title insurance. And this company is the dominant player in that business, ... And it is kind of what I consider printing money. It trades at about seven or eight times earnings. I think a lot of people doing refinancing and a lot of business being generated.
Peter Doyle
The big thing about the Internet is really the distribution capabilities, and a lot of what goes on in the Internet is not about technology. It's really about having a proprietary good or service that you can deliver over the technology. And we're trying to focus on those companies that we think have something proprietary that will likely bring people back repeatedly.
Peter Doyle
Either a business has good economics or it doesn't. If it's not going to be good for a three-month period, it won't be good for a long period of time, and vice-versa.
Peter Doyle
A company's fortunes generally don't change over a month's time or so, ... We want them to be able to execute their business strategy, and we give them at least three to five years.
Peter Doyle
Operational efficiencies resulting from management interventions over several years, in terms of improved cost management, better quality of new business, more focused premium collection and more competitive investment performance in particular, are largely responsible for this incremental value-add for stakeholders,
Peter Doyle
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Based on Topics: Danger & Risk Quotes, Life QuotesBased on Keywords: recognising
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