3 ms·
Yeah, if your goal is not to get good returns on your investments, but rather becomes on of the richest people on earth, yeah! You should: - buy an insurance
by refurb 3y ago
Yeah, if your goal is not to get good returns on your investments, but rather becomes on of the richest people on earth, yeah!
You should:
- buy an insurance company
- pick individual companies and buy controlling shares so you get board seats and control over the company is run
- cross your fingers that you’re one of 1000? 10,000? 1,000,000 where it turns out?
If not, don’t do thatz
- tim333 3y agoI only know of one person who copied Buffett by buying insurance companies and value investing the float and he did well too, if not quite as smoothly as Buffett. https://wealthymatters.com/2012/05/23/prem-watsa-the-canadian-warren-buffett/ https://wealthymatters.com/2012/05/23/prem-watsa-the-canadia...