Progressive Corporation

PGR position long John Hill

Thesis

Progressive has been an extraordinarily good investment over the years, and the investors should have owned more of it due to its strong performance in the insurance market.

Did it work?

inconclusive confidence: low

Without specific price performance data or a defined time frame since the pitch, it's difficult to assess whether the thesis has played out. The statement about Progressive's historical performance does not provide enough evidence to determine the current investment outcome.

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