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Should every investor be like Warren Buffett and have an insurance company in their portfolio?
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Should every investor be like Warren Buffett and have an insurance company in their portfolio?
As chairman and chief executive of Berkshire Hathaway — as well as its largest shareholder — it’s sometimes hard to distinguish between Warren Buffett and ‘his’ company. But even though the two aren’t the same, I think the American billionaire remains hugely influential in formulating its strategy. And in 1967, I’m sure he had a major say in the company’s decision to take its first position in the insurance industry. Today, the sector’s an impor…
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