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URL:  https://boards.fool.com/according-to-his-biography-snowball-wb-made-a-30541220.aspx

Subject:  Re: Anyone could have done what W. Buffet has do Date:  2/13/2013  8:27 PM
Author:  rainphakir Number:  65646 of 116216

According to his biography 'Snowball..'
WB made a conscious choice to pursue INCOME... in the form of insurance companies, that provide a steady in flux of cash which can be invested, and give those investments time to 'mature'.

He chose/created GenRe because it provided a steady influx that exceeded the 'out go'.

http://www.amazon.com/Snowball-Warren-Buffett-Business-Life/...

fwiw
ralph
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