AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min snip
Berkshire Hathaway Part I
Acquired
Float: The Key to Gico's Success
Giko is an insurance company that charges premiums upfront and then pays out claims later./nThe premiums that customers pay go towards the company's expenses, such as paying interest on loans./nThe main benefit of paying premiums upfront is that the company can make more profits since it doesn't have to take a cut of its profits every month.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode