Thread: BRKb?
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Old 06-30-2004, 10:51 PM
laserboy laserboy is offline
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Join Date: Jun 2004
Posts: 22
Default Re: BRKb?

I think it would be a little simplistic to classify them as just an insurance conglomerate. Yes that is their primary business (a business at which they are among the most efficient and profitible in the industry). But the true value of the company lies in Mr. Buffet's money management and investing skills. In that respect, it is similar to a mutual fund.

How much did you pay for it in 1992? Are you not happy with a 500% return on your investment?
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