Shareholder Letter·2023

Berkshire Hathaway: The Insurance Float as an Investment Engine

Warren Buffett·Berkshire Hathaway

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Document Details

Author

Warren Buffett

Institution

Berkshire Hathaway

Year

2023

Topic

Insurance & Liability Management

Source Type

Shareholder Letter

Abstract

An analysis of how Warren Buffett transformed Berkshire Hathaway's insurance float into one of the most powerful capital allocation engines in history, providing lessons for insurance company CIOs.

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