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For one thing See's Candy is fundamentally a value-added operation and GEICO is a positive cash flow financial structure which remains competitive by trying not
by fuzzfactor 5mo ago
For one thing See's Candy is fundamentally a value-added operation and GEICO is a positive cash flow financial structure which remains competitive by trying not to remove as much value from the customer as the next guy.
- chasil 5mo agoSees Candy made the wiki. Services & retailing: Ben Bridge Jeweler, Business Wire, Dairy Queen, McLane Company, NetJets, Oriental Trading Company, Pampered Chef, See's Candies, Star Furniture, WPLG Manufacturing: Benjamin Moore & Co., Clayton Homes, CTB International, Duracell, Fruit of the Loom, Johns Manville, Lubrizol, Precision Castparts Corp, Scott Fetzer Company, Garan Inc https://en.wikipedia.org/wiki/Berkshire_Hathaway https://en.wikipedia.org/wiki/Berkshire_Hathaway
- crazypyro 5mo agoSee's Candy is also what Charlie Munger considered their shift from distressed companies to high quality companies; its sentimental on a company level because it represented a real shift in investment philosophy.