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A comment on I Want to Live Like Costco People. Parent comment
It could also be similar insurance floats: premiums and claims generally even out, but they make their returns while they're holding people's money.
(Perhaps it's explained in their financial statements, but I've never been curious enough to check.)
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It could also be similar insurance floats: premiums and claims generally even out, but they make their returns while they're holding people's money.
(Perhaps it's explained in their financial statements, but I've never been curious enough to check.)