Warren Buffett's Capital Structure And Alpha; Greenlight ReGuest Post
Warren Buffett's Capital Structure And Alpha; Greenlight Re by balajithinks, Beowulf Capital
Lots of work has been done trying to reverse engineer how Warren Buffett managed to build his $350B behemoth. Tons of books discuss about value investing as practiced by Buffett, while some of the smarter ones delve deeper into the insurance operations that Berkshire operated. When we look closely at the insurance operations, some of the key advantages of this structure are:
- Float generated by insurance . . .
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