The following video is part of our "Motley Fool Conversations" series, in which senior analyst Matt Argersinger and analyst Paul Chi discuss topics from across the investing world.

Matt and Paul are bullish on energy stocks these days, so why are they investing some of their Streetfighter portfolio's cash in Alleghany, an insurance company? Simple. Not only is Alleghany one of the best-managed insurance companies out there -- with an investment portfolio that has doubled the return of the S&P 500 over the last 10 years -- it is also a big energy investor. A rebound in energy stocks will send Alleghany's book value soaring. That along with a higher multiple-to-book-value positions Alleghany to deliver market-beating returns for investors who buy today.  Get their full take on Alleghany by watching the video below. 

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