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A comment on I'm reading the FT and WSJ from 100 years ago each week leading to 1929. Parent comment

Re:I'm reading the FT and WSJ from 100 years ago each week l... by TedDoesntTalk on Sunday August 08, 2021 @10:28PM (#28112153)
Insurance companies should not be used to invest your money. They are insurance companies. Much better choices exist for investment managers.
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Re:I'm reading the FT and WSJ from 100 years ago each week l... by thehappypm on Sunday August 08, 2021 @11:18PM (#28112424)
You may be right about “should” but the insurance industry is basically an investment industry financed by premiums and always has been.
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Re:I'm reading the FT and WSJ from 100 years ago each week l... by TearsInTheRain on Monday August 09, 2021 @01:04AM (#28112898)
It is common practice for PE firms to buy insurance companies in order to better manage the investment side of the business.
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