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bar1080

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bar1080

Re: gfp927z post# 1970

Wednesday, 10/11/2023 8:42:55 PM

Wednesday, October 11, 2023 8:42:55 PM

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"Munger asked Combs what he planned to do next. When Combs shared his idea of buying an insurance company as a source of permanent capital to invest, Munger suggested he speak with Buffett."

Interesting. The only insurer I followed closely, long term, eventually went out of business after it made some bad bets. OTOH BRK continues to do well.

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Because the Good Life is Just a Pump or Two Away

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