While Berkshire Hathaway’s insurance business is just one part of a large conglomerate today, it’s still an important profit driver for the group. What’s more, due to the nature of the insurance business, its fortunes have a magnified impact on the rest of the operation. Therefore, it’s worth watching this valuable part of the enterprise. Buffett Moves Berkshire Into Insurance Warren Buffett made his first investment in the insurance industry in 1967 when he purchased the National Indemnity Company for Berkshire Hathaway. At the time, Berkshire was a struggling textile manufacturer, and the young investor was looking for ways to…
A Look At Berkshire’s Insurance Performance In 2022
Rupert Hargreaves
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk
