
2012-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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The Float of Geico's Going to Grow
In your annual letter this year you say that You expect the rate of growth in your float to slow going forward. The float could shrink because we have lots of Retroactive contracts that by their nature the float runs off of although not a really rapid rate and The float of Geico's gonna grow I mean that the float at Our smaller insurance companies, but we'll probably net grow over time a little bit,. But got a lot of money In a jeep's operation where we have a lot of retroactive stuff.
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