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Originally Posted by Geoff  I just did a quick internet search. AIG has something like $100 billion in book value (subtract debt from assets) and, by asset base, is the largest insurance company in the world. They've had years where they had $10 billion in earnings.
Stowe is almost invisible in their investment portfolio. Based on skier visits and revenues, Stowe can't be worth $50 million. |
Prior to the Spruce Hamlet development, maybe that would have been in the ballpark. Got to be well north of $100MM right now.