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Warren Buffet's Berkshire Hathaway Geico Insurance collects a...

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    14/07/17
    09:53
    Post #: 25861755
    Warren Buffet's Berkshire Hathaway Geico Insurance collects a lot of premium upfront year after year, and pays out when claims are made. Over the years, the surplus cashflow is used to buy into other corporations including preferential shares + attached options in Goldman Sachs in the last GFC.

    Not a bad policy.

    Read "The Snowball" by Alice Schroeder, a biography on Warren Buffet.
    BIG Price at posting: $1.39 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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