Sharing Knowledge in Smallcaps

[BullNBear52]

Table 3 shows that the estimated average annual cost of Berkshire’s insurance float is only 2.2%, more than 3 percentage points below the average T-bill rate.

Say Warren.

This table shows the cost of Berkshire’s funds coming from insurance float. The data is hand-collected from Buffett’s comment in Berkshire Hathaway’s annual reports.


I find it hard to believe he is getting 3% better than the Fed for 3 months.