7 Nuggets of the University of Berkshire Hathaway (vol.4)
1. Berkshire bought 100% control of Geico in 1996.
2. Berkshire assertively invested in Geico’s growth.
3. Berkshire orchestrated values.
4. Berkshire has substantial capital to operate.
5. The philosophy of Buffett and Munger caused accumulated gains for 11 years.
6. They got earned as much as possible during bull market times.
7. Bufett’s asset has grown phenomenally.