“We are lucky.”
—Warren Buffett, as he addressed thousands of shareholders at Berkshire Hathaway’s annual meeting in his hometown of Omaha, Neb., on May 2. He said insurance, along with utilities, another big business for Berkshire, are sectors “relatively unaffected by the recession.” Among Berkshire’s insurance companies are the auto insurer Geico Corp., reinsurer General Re and bond insurer Berkshire Hathaway Assurance.
Was this article valuable?
Here are more articles you may enjoy.
Musk Found Liable to Twitter Shareholders in Fraud Lawsuit Over Takeover 
Florida Lawmakers Vote to Drop Building Permits on Projects of $7,500 or Less 
Orlando Apartment Complex Evacuated After Cracks Found on All Five Floors 
About to Take Off?: Legal Fights Emerge Over Toxic Fumes on Flights From This Issue
