1997-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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How to Adjust for Risk
Last year GEICO had about 2% of the insurance market and approximately $4 billion in float. As their market share expands, will the float expand in a somewhat linear fashion? And related to that, what is your guess might be the top end? Could they ultimately become as dominant as a Gillette or a Coke in their businesses?
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