
2009-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Advantages of Large Float and Growth of Geico
This chapter discusses the advantages of having a large float in the insurance business and the growth of Geico as the low cost producer in the auto insurance industry. It also analyzes the impact of the 2008 financial meltdown and discusses the value of Geico policy holders.
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