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Double down on your best ideas | Wealth Builders Pt 1

Equity Mates Investing Podcast

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Warren Buffett's Life-Changing Investment in Geico

Geico for Warren Buffett was his first exposure to insurance float. He loved the non-cyclical nature of insurance, it's not tied to economic downturns or volatility. They had a very cost effective way of getting their product to their customer base and felt that they had a pretty good growth opportunity across America. Geico is now still one of the largest auto insurers in the States.

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