EP 301. Capital Allocation, 1967-1969: Buffett Buys National Indemnity -- and a Primer on Insurance Companies
Focused Compounding
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What's the Point of the Boot Legger?
Inye: "I'm sure this boot legger is actually dead, because the lawyer couldn't say whether he was or not" He says national demi shows up a lot under unusual sorts of things that only a few other companies write it. Inye: The company had 883 thousand dollars in net income. And as i did say, he paid what i say t was eight point five million dollars.
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