No. of Recommendations: 0
JAF031 writes,

Maybe one of the regulars, especially from the actuaries, wants to hold forth on the concept of float in the insurance business; I know just enough to know that Warren Buffet considers it golden.

I think it's safe to say that as an "investment", Warren Buffett sells far more insurance policies than he buys. <grin>

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.