Ep 371. Bank of England Emergency, Cheap UK Stocks, Interest Rates, and US Insurance Companies
Focused Compounding
00:00
Buffett Invested in a Few Companies, Right?
i buffett had a very hard time growing any home grown insurance things. And even buying some things didn't go well. He said it well in some of the letters, like if he invested in giko,. If you have a better mouse trap, like he was saying, in an industry like that, it has huge value over time. It's not something that can be ama differentiated. A lot of these are goodm like home owners, ok? So a lot of people wouldn't really know who provides their coverage.
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