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A comment on Insurance is like gambling, don't overdo it. Parent comment
That's why Buffet bought National Indemnity, btw. He wanted the float which, for him, was a cheap way of financing investment.
Not a very folksy move, truth be told.
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That's why Buffet bought National Indemnity, btw. He wanted the float which, for him, was a cheap way of financing investment.
Not a very folksy move, truth be told.