Warren Buffett and GEICO

[Chuck Krug]

An older but very interesting article on Graham, Buffett and GEICO.
GEICO made Benjamin Graham more money than all his other investments combined.
KO and Geico were both Buffett's best investments.
+ Buffett used the incoming premium payments from Geico clients as a cheap way to finance his other stock acquisitions.

http://www.gurufocus.com/news/21828...-warren-buffett-wedgewood-vic-presentation---

 

[yiehom]

I could find geico neither with yahoo finance nor my broker. What is their actuallity?

An older but very interesting article on Graham, Buffett and GEICO.
GEICO made Benjamin Graham more money than all his other investments combined.
KO and Geico were both Buffett's best investments.
+ Buffett used the incoming premium payments from Geico clients as a cheap way to finance his other stock acquisitions.

http://www.gurufocus.com/news/21828...-warren-buffett-wedgewood-vic-presentation---

 

[Chuck Krug]

Do you mean what GEICO's ticker symbol is? They don't have one. It's a wholly owned subsidiary of Berkshire Hathaway.

 

[yiehom]

Okay! No longer publicly traded. Time to buy some BRK-B, then

 

[Chuck Krug]

Yeah it's a juggernaut