Warren Buffett Gives An Insurance History Lesson - State Farm, USAA, GEICO (1997 Q28 pm)

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Warren Buffett and Charlie Munger answer a question at the 1997 Berkshire Hathaway annual meeting on insurance, and go into great length about the amazing rise of three legendary insurance companies, one of which (GEICO) is 100% owned by BRK.

#berkshirehathaway #insurance #geico
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