But it is still true. A good part of Buffett's investment success at Berkshire Hathaway is because he's been able to fund investments at a cost of capital below just about everyone else in the market. That's not to slight it, that's a very clever thing to do too. read more
But now to the underlying secret of Berkshire Hathaway's success. It's in this almost throwaway comment: Buffett says Geico added 700,000 policy holders in the past year, far surpassing competitors who were pulling back. read more
In his 1977 Letter to Shareholders, Warren Buffett revealed the following: “We select our marketable equity securities in much the same way we would evaluate a business for acquisition in its entirety. read more
With a track record in wealth creation like this, Buffett’s life undoubtedly has lessons that we can all apply to amplify our own riches. Below, we’ll uncover 7 secrets behind Buffett’s multi-billion-dollar wealth engine. These are the exact strategies and techniques Buffett uses. So pay attention. read more
But now to the underlying secret of Berkshire Hathaway's success. It's in this almost throwaway comment: Buffett says Geico added 700,000 policy holders in the past year, far surpassing competitors who were pulling back. That all enhanced the all-important “float” by around $14 billion to around $105 billion. read more