2min chapter

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437. Many Businesses Thought They Were Insured for a Pandemic. They Weren’t.

Freakonomics Radio

CHAPTER

Is It an Investing Business?

Insurance companies take your money in the form of what they call premiums. They then invest that money in, say, the stock markets. The pandemic has been an accelerator of the use of technology in many traditional business lines. If you strip out the technology firms, actually, the markets haven't recovered very well. There's been a huge concentration in the technology markets....

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