National American Fire: Buffett’s coup
In the early stages of his career, Warren Buffett was gifted with some fantastic opportunities. One such opportunity was National American Fire Insurance, a company that went through its ups and downs and eventually ended up in Buffett’s pocket thanks to a quirk of its ownership structure.
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The story of National American Fire goes back to 1906 when Howard Fieldstead Ahmanson, the company's founder, was born in Omaha, Nebraska. Ahmanson founded the H.F. Ahmanson . . .
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