We’ve been investing in the common stock of Assured Guaranty (AGO) for nearly 10 years now. Our investments have largely been centered on buying stock outright and selling cash-secured puts. During this past decade the business has faced numerous negative headlines, and the stock has been chronically undervalued. While the stock’s performance has been very strong for us at T&T Capital Management, the reality is that the stock currently trades at one of the largest disconnects between price and intrinsic value in its history. This disconnect allows the long-term investor a fantastic opportunity