7 Nuggets of University of Berkshire Hathaway (vol.15)
1. Geico was an outstanding company with low cost.
2. Buffett requested the intrinsic value of Berkshire in an annual report.
3. Buffett kept learning.
4. All kinds of information are valuable.
5. Diversification makes no sense someone knows what they’re doing.
6. Berkshire became a major owner of Disney.
7. Buffett said falling interest rates huge earnings improved over the decades to combine produced U.S. stock values.