looks like Warren is into Cash flow underwriting. Didn’t our Companies try this a few years ago and lost Big time when the bottom fell out? How can he take the cash flow and invest in his other companies? I thought that was illegal, but everything changes, so maybe this is has changed too.
looks like Warren is into Cash flow underwriting. Didn’t our Companies try this a few years ago and lost Big time when the bottom fell out? How can he take the cash flow and invest in his other companies? I thought that was illegal, but everything changes, so maybe this is has changed too.
Berkshire Hathaway is an enigma for me. Insurance writers love to write about them, but independent agents hate them.