6min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP475: Mastermind Q3 2022 w/ Tobias Carlisle

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

First American Financial Is a Title Insurer

First American financial is a title insurer. In the US there's no centralized government, depository or record of who owns real estate. So as the purchase of a house you buy title insurance and it just guarantees that if there's any issue then you're going to be made whole. First American makes about or they made nine billion dollars last year so it's a great business.

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