WTM White Mountains Insurance Group, Ltd.

Thesis

NEW SEAT at the cut, comp 60.77 (50.0/7) — pool re-entry, last seen 11-01 (card-1 said 10-31 — off-by-one corrected in audit; still a genuine 3-night absence). HOTTEST SEAT-10 ANCHOR IN JOURNAL HISTORY — claim RECOMPUTED AND TRUE: prior max rank-10 rsi14 was 78.3 (ENI.MI 10-26), tonight's WTM 78.9 at 99.5% of the 52-week range. The immediate echo of SOP.PA (74.1 entry last night -> FULL POOL EXIT within 24h — LIVE: Paris 193.7 settled, not a crash, the screen just dropped it). Wed bar is real and fresh (2376.3 on 24.5k shares, +3.9% on the day, both ends LIVE-verified). BOOK IS ONE-OFF-CHEAP CLASS, named per data-quality rules: trailing PE 5.44 vs fwd 26.40 — the 2025 realized-gains year makes trailing meaningless; forward multiples are the real (priced-in) read; ROE 20.4 (also gains-flattered), ND/mktcap 0.115 light, FCF 9.7% of mktcap identity EXACT. Cut line THIN: BSU.F raw #11 at 60.25 (0.52 behind) — but the challenger's own Frankfurt tape is dead-thin (600-share 11-03 row, live 41.7 = -3.9% today), so a reshuffle would put a WEAKER seat-10 in. USD/USD clean.

Scores

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