Ep 371. Bank of England Emergency, Cheap UK Stocks, Interest Rates, and US Insurance Companies
Focused Compounding
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The Importance of Management in the Insurance Business
The importance of management is really high for an insurance company. You can see that just in their results too, when i talk about like, a commodity thing and you can see how commodity like their results look it is. And so then when you have such a pure commodity, then you kind of end up with results that are as bad as your competitors. Am says the most likely culprit is insufficient pricing.
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