Focused Compounding Ep 397. The Financial History of GEICO with Capital Allocation Author, Jacob McDonough
Jul 8, 2023
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
Introduction
00:00 • 2min
How to Be a Successful Money Management Firm
02:16 • 3min
How to Analyze Antique Annual Reports and Collect Fine Financial Statements
04:53 • 4min
Geico's History
09:12 • 3min
The Importance of Maintaining a Long-Term Investment
12:15 • 3min
The Dangers of Growing Fast
14:59 • 2min
The Irony of Buying a Cheap Investment
16:40 • 3min
The History of Buffett's Insurance Company
20:01 • 3min
Berkshire's Experience in Property Casualty at the Time
23:29 • 3min
How Berkshire Fared in Geico
26:23 • 2min
The Importance of Leverage in Insurance Operations
28:28 • 4min
Progressive's Leverage in the Insurance Industry
32:31 • 2min
The Effects of National Indemnity on the Insurance Business
34:01 • 2min
The Turnaround Process That Rarely Turns
35:49 • 1min
The Importance of Insurance in a Crisis Situation
37:15 • 5min
Jack Byrne's First Week on the Job
42:11 • 2min
The Inertia of Public Companies
44:15 • 1min
The Life and Times of a Passover Guide Coder
45:43 • 2min
Burn's Letters to the CEO
47:31 • 2min
The Importance of Employees in the Insurance Industry
49:42 • 5min
The Differences Between Progressive and Geico Insurance
54:43 • 3min
The Differences Between Statutory and Statutorily Exempted Capital
57:56 • 1min
Buffet's Loss Development Tables
59:01 • 5min
How Jacob Geico Invested in Geico
01:03:53 • 3min
The Importance of Reinsurance in Getting Geico Out of the Industry
01:06:59 • 3min
The History of General Motors
01:10:17 • 2min
The Best Capital Allocator
01:12:03 • 2min
The Importance of Investing in Insurance Companies
01:13:50 • 3min
The Importance of Reinsurance in Insurance
01:16:31 • 3min
Todd Combs: CEO of Geico
01:19:30 • 2min
The 10k Podcast: Profile Gm Tullodyne
01:21:05 • 2min