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Ep 371. Bank of England Emergency, Cheap UK Stocks, Interest Rates, and US Insurance Companies

Focused Compounding

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How Do You Get Out of Insurance Companies' Management Meetings?

i would be even more worried about am than moving into other airs and doing other things. I think you can move faster in insurance to do dumb things quickly than you can in bank, or likely to in banking. It's very hard to evaluate ones where we know they're going to move off into different kinds of insurance m than they had been doing previously. That is part of the reason why, i think it's held down returns for some companies more than youd think in insurance. But as buffet would say in those letters, it's kind of worth it, because you can fail five, six, seven times on a small scale,. if you hit on something that really works, and

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