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Focus Investing - By Lou Simpson of GEICO Insurance (0 viewing) 
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Focus Investing - By Lou Simpson of GEICO Insurance

#463
miniBuffett (User)
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Gender: Male Mispricing hooi11 Location: Penang
2 Years, 10 Months ago
 
Warren has said many times that if lou were to start a hedge fund, he would have been a billionaire now.

Money is not the most important thing in lou's opinion. He likes privacy, freedom and the flexibility in how he allocates capital for geico. More importantly, they have many things in common. That's why they are perfect match.

And it's no coincidence that all the managers working under warren are very much like lou. They are very good at what they are doing, they love doing what they are doing (not for fame or money), they prefer to work under the radar, humble and they feel privileged working under warren. That will contribute to the "moat" of berkshire hathaway, quite significantly.
 
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"Just as a man working with his tools should know its limitations, a man working with his cognitive apparatus must know its limitations"-- Charlie Munger.
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Focus Investing - By Lou Simpson of GEICO Insurance
TeeCS 2007/10/30 20:08
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thread linkthread link Focus Investing - By Lou Simpson of GEICO Insurance
Ben 2007/10/30 23:02
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thread linkthread linkthread link Focus Investing - By Lou Simpson of GEICO Insurance
TeeCS 2007/11/01 05:04
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thread linkthread link Focus Investing - By Lou Simpson of GEICO Insurance
miniBuffett 2007/11/01 05:34
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thread linkthread linkthread link Focus Investing - By Lou Simpson of GEICO Insurance
TeeCS 2007/11/01 20:51
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thread linkthread linkthread linkthread link Focus Investing - By Lou Simpson of GEICO Insurance
miniBuffett 2007/11/01 21:52
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