
Ep 397. The Financial History of GEICO with Capital Allocation Author, Jacob McDonough
Focused Compounding
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The Inertia of Public Companies
It takes a special type of person to come in Only be a week in the job and uh, you know You know, cracks up skulls together and make things happen Yeah, yeah, maybe the previous management didn't want to be the bear of bad news. Maybe they wanted an outside firm to kind of be the ones Um telling the bad news or something? They have an odd disclosure there where they actually my memory from your podcast is they phrased as saying that the board That management said to the board to hire an actuary.
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