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A comment on Warren Buffett calls insurance Berkshire Hathaway's most important sector. Parent comment

Re:Warren Buffett calls insurance Berkshire Hathaway's most ... by mathattack on Monday October 23, 2017 @12:42AM (#15530784)
It's actually both. He's also able to buy whole business cheaper than what they'd go for in an auction. And he gets access to deals that allow him to leverage his brand name. (Example: Goldman Sachs https://qz.com/67052/heres-how-warren-buffett-made-3-1-billi...)
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Re:Warren Buffett calls insurance Berkshire Hathaway's most ... by Nokinside on Monday October 23, 2017 @08:53AM (#15532766)
GS investment was prime example of Buffet having money when others don't during crisis.

Money was tight, others tried to stay liquid and hoard cash. Only the government and Buffet were there with large amounts of money to spend.

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