How Lucky Can You Get in the Insurance Business?

Warren Buffett: I had three extraordinary pieces of luck in terms of the insurance business. One was when he was 20 years old having a fellow on a Saturday, be willing to spend four hours with some 20-year-old kid who we never heard of before. In 1967, I got lucky again when Jack Ringwald, who for about five minutes every year wanted to sell his company because he would get mad about something. And then I really got lucky in the mid-80s when an guy came in the office and said, I've never worked in the insurance business, but maybe I can do you some good. That was a G Jane. So, it asked me whether we could