
Ep 397. The Financial History of GEICO with Capital Allocation Author, Jacob McDonough
Focused Compounding
00:00
Geico's History
In the 70s there's so many interesting things that happen. Ben Graham bought half of Geico in his fund and it was a fifth of the fund 20% position And he held it basically forever Very unusual for his track record. Two years later guys Geico's basically bankrupt So that's that's a crazy twist to the story too. After that period it was a great buy and hold kind of kind of situation as well.
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