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Tag: berkshire

white mountains kelvestor

White Mountains Insurance (WTM)

In my previous post, we spoke about insurance companies over here. Here is a short recap: Insurance is a commoditised industry, anyone is willing to underwrite policies to get access to the float. The key differentiator is to manage risk by underwriting selective policies. Do not chase premiums by underwriting high probability events because the…
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[Berkshire Hathaway’s Annual Report 2016]

Charlie and I have no magic plan to add earnings except to dream big and to be prepared mentally and financially to act fast when opportunities present themselves. Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it’s imperative that we…
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