Almost every investor is aware of Warren Buffett’s GEICO experience. The column Buffett wrote rote called “The Security I Like Best” was one of his first pieces of published writing and is an excellent analysis of the opportunity GEICO offered. However, after his first encounter with GEICO, there was another insurer Buffett fell in love with in 1953. This company was so cheap it was practically impossible for Buffett to pass up. According to the value blog, Base Hit Investing, Buffett referenced Western Insurance at a talk at Columbia in 1993: Asset Management Fees Fall For The First Time Since 2008…
Warren Buffett: Western Insurance, The Other Security I Like Best
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