In 1967, Warren Buffett “got lucky.” The young investor, who had just taken over the struggling textile concern Berkshire Hathaway after falling out with its previous management, was offered an opportunity he couldn’t resist. Q3 2019 hedge fund letters, conferences and more If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks. Jack Ringwalt, the founder of the National Indemnity Company, was in the mood to sell his business, and Buffett jumped at the chance. Today, National Indemnity is one of Berkshire’s core operating businesses, and this small Omaha insurer has…
How Warren Buffett “Got Lucky” In The Insurance Industry
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk