It just sort of struck me the second i read this story, like, oh, it's another insurance company. The bigger you are in the insurance business a the better off you are, right? It's kind of like having a well diversified portfolio. And given theyre, given their track record in the space, given their experience in the space med they are clearly very good at what they do. So it feels like this isn't anything that really tilts the scales in such a way that should concern investors.
After six years Warren Buffett finally pulled the trigger. Berkshire-Hathaway is buying insurance company Alleghany for $11.6 billion. (0:20) Jason Moser analyzes: - The reaction from investors - Berkshire-Hathaway's increased exposure to the insurance industry - Potential for another acquisition in the next few years - Buffett's patience and relentless focus on price, and what it can teach all investors
(12:30) Rick Munarriz talks with Carnival Cruise Line CEO Arnold Donald about how his company is preparing for the post-pandemic world.
Stocks discussed: BRK, Y, CCL, DIS, AMC
Host: Chris Hill Guests: Jason Moser, Rick Munarriz, Arnold Donald Engineer: Tim Sparks
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