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Berkshire Is Back

Motley Fool Money

The Importance of Strong Underwriting in Insurance

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Insurance is a very difficult business to do well, says Buffett. He's holding close to $100 billion in treasuries today and expresses intent to keep buying them. I think there are a lot of businesses out there that he would love to own but not at valuations that really worked for him,. And so he is patient of nothing else.

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