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 Difference Between Banking and Insurance?
Insurance is like banking in how you like banks to be a little bit more targeted. There's sort of two things, i guess that way. Same with banking and insurance. Um, i think you can have advantages an efficiency. You know, they literally call the efficiency ratio in banks,. But distribution advantages and stuff with direct distribution.
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